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19 Dec 2023, 7:38 am
If you leave your case to the insurance provider, you will be at a significant disadvantage. [read post]
19 Dec 2023, 6:17 am
Federal PPE regulations are found in the Code of Federal Regulations (CFR) and are overseen at the federal level by OSHA. [read post]
18 Dec 2023, 2:48 pm
This update includes the following: CFM Items Q4 Matters Annual Compliance & Other Items Annual Fund Matters Annual Management Company Matters Notable Regulatory & Other Items from 2023 Compliance Calendar **** CFM Items We are pleased to welcome Jon Tong as a Senior Associate in our Funds practice group. [read post]
18 Dec 2023, 2:21 pm
Federal health insurance programs reimburse telemetry services at a much higher rate than event monitoring. [read post]
18 Dec 2023, 9:16 am
These companies, Global Aerospace, Chubb, AIG, Tokio Marine and others, reserve funds that result in a hit on their balance sheets. [read post]
18 Dec 2023, 7:27 am
For example, most disability insurance policies limit how long benefits will be paid for any conditions that the insurance company considers to be a “mental illness” or “mental health condition. [read post]
18 Dec 2023, 6:00 am
Victims often suffer twice–once in the motorcycle crash and once when the insurance company fails them. [read post]
17 Dec 2023, 6:48 am
Public company D&O insurance policies provide entity coverage (that is, insurance for the benefit of the insured organization) only for “Securities Claims. [read post]
15 Dec 2023, 2:31 pm
Even taking your legal costs and attorneys’ fees into account, if you obtain a settlement with the help of a personal injury law firm, you are still likely to take home far more than you could reasonably expect to obtain from the insurance companies on your own. [read post]
15 Dec 2023, 8:55 am
The No Surprises Act (“NSA”) Federal Independent Dispute Resolution (“IDR”) portal now is reopened for processing all health benefit disputes covered by the NSA between health care providers, facilities, and providers of air ambulance services (“providers”), and group health plans, health insurance issuers, and Federal Employee Health Benefits Program carriers (“payers”) (collectively, “disputing parties”). [read post]
14 Dec 2023, 9:01 pm
Each covered entity must provide the NYDFS with notice of any extortion payment made in connection with a cybersecurity event involving the covered entity within 24 hours.[10] This requirement is similar to the 24-hour ransom payment notice required by the federal Cyber Incident Reporting for Critical Infrastructure Act of 2022 (CIRCIA);[11] however, while CIRCIA is limited to payments made in response to a ransomware attack, the Amended Regulation expands the notification requirement to… [read post]
14 Dec 2023, 12:18 pm
”) The question for D&O insurance professionals is whether or not other companies that have been riding the EV wave may also face securities lawsuits as the EV industry goes through an unexpected shakeout period. [read post]
14 Dec 2023, 4:30 am
Here’s a summary from the Department of Justice press release: According to a superseding indictment returned by a federal grand jury in December 2022, [the employee] worked as a cloud engineer for a bank headquartered in San Francisco until March 11, 2020, when he was fired for violating company policy. [read post]
13 Dec 2023, 9:06 pm
– Insurance Claim: Report the accident to your insurance company. [read post]
13 Dec 2023, 3:06 pm
Certain federal agencies regulate the banking industry, such as the Federal Deposit Insurance Corporation. [read post]
13 Dec 2023, 5:00 am
The Plaintiff insurance company included the estate of the deceased individual as a necessary party Defendant. [read post]
13 Dec 2023, 1:00 am
”The devices, designed to deliver pressurized air into the lungs of patients with respiratory diseases, are paid for by federal health insurance programs so long as they are “necessary and reasonable” for a patient’s treatment.According to a press release issued by the US Attorneys Office, the lawsuit was brought by two former employees of the company under the “qui tam, or whistleblower, provision of the False Claims Act. [read post]
12 Dec 2023, 5:00 am
CNA and Valley Forge Insurance. [read post]
11 Dec 2023, 1:18 pm
Entities subject to significant U.S. government regulation, specifically securities reporting issuers; governmental authorities; banks, credit unions, bank holding companies, and money service businesses; securities brokers/dealers, securities exchanges/clearing agencies, other entities registered under the Securities Exchange Act of 1934, investment companies and investment advisors, venture capital fund advisers, and insurance companies as defined under… [read post]
11 Dec 2023, 8:29 am
She called upon banks and insurance companies doing business in New York to consider the risks, including “reputational risks,” that might arise from doing business with the NRA or “similar gun promotion organizations,” and she urged the banks and insurance companies to “join” other companies that had discontinued their associations with the NRA. [read post]
