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8 Dec 2014, 2:03 pm
In 2011, the FDIC cited several financial institutions for D&O liability insurance policies that covered civil money penalties, and in October 2013 the FDIC published a Financial Institution Letter explicitly prohibiting insured depository institutions or their holding companies from purchasing insurance policies that would indemnify institution-affiliated parties against civil money penalties. [read post]
17 May 2018, 12:29 pm
Treasury to send $250 billion to banks that bought and insured bad assets and equity. [read post]
11 Sep 2017, 9:59 am
The company denied the claim, and the injured passenger filed a personal injury claim in hopes of compelling the insurance company to pay out on the claim. [read post]
14 Feb 2011, 5:25 am
The insurance company appealed the decision to the fifth circuit. [read post]
15 Feb 2021, 11:13 am
Unlike employees, independent contractors do not enjoy a variety of legal protections including the minimum wage, overtime, unemployment insurance, workers’ compensation, equal employment opportunity, and family and medical leave, the group said. [read post]
States’ Lawsuit Over OCC Authority to Create New Charter Creates Bumps in the Road for Fintech Firms
8 May 2017, 2:02 pm
Fintech companies will want to watch this federal case as it unfolds. [read post]
28 Jun 2024, 1:13 pm
If you can prove that your chatbot won’t lie to your customers’ users, you can also get an insurance company to write you a policy that will allow you to indemnify your customers against claims arising from your chatbot’s output. [read post]
2 Jun 2014, 2:32 pm
Scott Gibbs works with large employers on long term strategies to make corporate benefit plans consistent with the company’s goals and budgets, working with both fully-insured and self-funded plans. [read post]
31 Aug 2021, 5:55 am
The last time the federal excise tax on tobacco was increased was in 2009 to pay for a children’s health insurance programs. [read post]
13 Dec 2011, 3:24 am
Liberty Life Assurance Company of Boston was recently sued by three separate Plaintiffs for Employee Retirement Income Security Act (ERISA) violations in Michigan Federal Courts. [read post]
9 Feb 2015, 5:38 am
The argument is that such expenses are or will be covered by insurance under the Affordable Care Act and therefore, they need not be awarded by a jury.Plaintiffs argue that the well-settled Collateral Source Rule should preclude any mention of any benefits from a collateral source in an effort to preclude or diminish the recovery of compensation from the alleged wrongdoer.While the Collateral Source Rule has been around for a while, the Affordable Care Act is a relatively new law.By… [read post]
29 Aug 2013, 4:01 am
Mickey Long, a member of the advisory council and an attorney for the Massachusetts AFL-CIO, said "There are an increasing number of anecdotes going back a decade involving contractors, where a worker is told by the owner of a company to handle the claim through their health insurance," Long said. [read post]
4 Mar 2013, 6:52 am
American Express Company v. [read post]
26 Mar 2018, 3:20 pm
” Accordingly, companies should consider the “indicated probability that an event will occur and the anticipated magnitude of the event in light of the totality of company activity[,]” including harm to a company’s reputation, financial performance, customer and vendor relationships, and the possibility of “litigation or regulatory investigations or actions, including regulatory actions by state and federal governmental authorities… [read post]
12 Feb 2021, 12:55 pm
The snowbirds insurance company filed suit in federal court against the snowbirds and the insurance company that had coverage on the Lamborghini. [read post]
3 Apr 2009, 7:09 am
The fact that they defended [Johns-Manville] was proper for them as an insurance company. [read post]
3 Apr 2009, 7:09 am
The fact that they defended [Johns-Manville] was proper for them as an insurance company. [read post]
3 Apr 2009, 7:09 am
The fact that they defended [Johns-Manville] was proper for them as an insurance company. [read post]
16 Jul 2014, 7:28 am
Worker’s Compensation and Personal Injury – Regulator Fines and Lawsuits Typically, the federal regional safety reports show OSHA fining companies many thousands of dollars for different kinds of workplace violations including: Uneven walkways or pathways Hazards related to power tools Chemical exposure hazards Lack of protective equipment Lack of safety precautions for those working above the ground level All of these violations are stringently monitored by… [read post]
11 Jul 2013, 11:00 pm
Department of Energy issued a rule updating the energy efficiency performance standards for commercial and multi-family residential high rises.A House Panel approved a bill that would require the Environmental Protection Agency (EPA) to submit reports of certain rules’ costs and job impacts.The Federal Reserve Board (Fed), Federal Deposit Insurance Corporation (FDIC), and the U.S. [read post]
