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L&M requested that its insurers, Liberty Surplus Insurance Corporation and Liberty Insurance Underwriters, Inc., defend it against the claims. [read post]
11 Sep 2018, 1:19 pm by Barbara S. Mishkin
  The CFPB indicates that in response to the examination findings, servicers are sending billing statements that accurately reflect the account status after applying insurance proceeds. [read post]
4 Sep 2018, 3:35 pm by Kevin LaCroix
Every year just after Labor Day, I take a step back and survey the most important current trends and developments in the world of Directors’ and Officers’ liability and D&O insurance. [read post]
31 Aug 2018, 9:05 am by Aurora Barnes
Applied Underwriters Inc. v. [read post]
30 Aug 2018, 6:00 am
One wonders how the states (which have ultimate authority on these plans) will handle this.The National Association of Health Underwriters, provided a helpful presentation on these new rules, including something which seems to have gone unremarked, but seems to me to be very disturbing:"In applying the nondiscrimination provisions of paragraphs ... the group or association may not treat the employees of different employer members of the group or association as distinct groups… [read post]
The FTC, in particular, has raised concerns about the payment facilitation model and the concept of frictionless underwriting – concerns that would seem to apply with equal force to marketplaces. * * * * * The concept of payment aggregation has exploded in recent years, with acquirers looking for faster and more efficient ways to sign up merchants, particularly those that operate in an ecommerce environment. [read post]
26 Aug 2018, 3:51 pm by Eugene Volokh
" Just a few weeks later, the Defendants announced consent orders with Chubb and Lockton, in which the insurers agreed to cease underwriting affinity insurance programs for the NRA in perpetuity, regardless of the programs' legality. [read post]
23 Aug 2018, 6:52 pm by Kevin LaCroix
Eric Scheiner Jennifer Broda As I have extensively noted on this blog, one of the most important recent developments in the management liability and insurance arena has been the emergence of the #MeToo movement, along with its revelations of sexual misconduct and accompanying claims. [read post]
15 Aug 2018, 3:03 pm by zamansky
And for top executives whose companies were clients, stock underwriters offered special access to hot initial public offerings. [read post]
30 Jul 2018, 4:35 pm by Kevin LaCroix
 The lawsuit action was filed against Ageas NV/BV, as Fortis is now known, certain of its directors and officers, and its offering underwriters. [read post]
3 Jul 2018, 9:34 am by Hedge Fund Lawyer
Underwriter Liability – An underwriter is someone that acts on behalf of a securities issuer, for example, by distributing securities of the issuer. [read post]
28 Jun 2018, 3:25 pm by D
It should have waited for A to apply to the County Court to enforce the FTT decision. [read post]
27 Jun 2018, 8:08 am by Hedge Fund Lawyer
  The restricted securities transfer rules apply to securities – they do not apply to non-security instruments. [read post]
25 Jun 2018, 10:53 am by Kathleen Scott (US)
Permitted underwriting and market-making activities: Currently, underwriting and market-making transactions are permissible if they are designed “not to exceed reasonably expected near term demands of clients, customers or counterparties,” or RENTD. [read post]
25 Jun 2018, 6:41 am by Jeff Wurzburg (US)
 Large group coverage is not subject to certain Affordable Care Act (ACA) requirements that apply to the individual and small group markets, such as: guaranteed availability and renewability, prohibitions on medical underwriting and denying coverage based on pre-existing conditions, and the requirement to provide essential health benefits (EHB(s)). [read post]
22 Jun 2018, 7:34 am by Mark Ashton
Taxpayers in a setting will underwrite the judicial time where this obligor’s 2012 daily income rivaled the annual household income of the mean Pennsylvania household. [read post]