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2 Nov 2009, 6:49 am
  Insurance agents do not have a continuing duty to advise, guide, or direct a client to obtain additional insurance coverage (Murphy v Kuhn, 90 NY2d 266, 270). [read post]
18 Apr 2023, 6:31 am
The amendments were prompted in part by the prevalence of litigation directed at companies, particularly in the context of mergers and acquisitions. [read post]
18 Apr 2023, 6:31 am
The amendments were prompted in part by the prevalence of litigation directed at companies, particularly in the context of mergers and acquisitions. [read post]
15 Dec 2017, 12:35 pm by Geoffrey B. Fehling
Companies can mitigate these risks by employing sound operational incident response practices, in conjunction with adequate cyber insurance and comprehensive traditional insurance policies, such as pollution liability and general liability policies. [read post]
20 Feb 2007, 9:22 am
Robert Mumford, R-Conyers, introduced House Bill 378, which would require insurers to get direct approval from the state insurance commissioner before raising rates. ................ [read post]
30 May 2019, 5:09 am by Rob Robinson
This data can then be used for a range of applications (e.g. generating smart search indexes, redacting text in a massive collection of forms, creating automated loan approval workflows, using the data for regulatory compliance, and flagging fraud risk for insurance claims). [read post]
2 Dec 2009, 8:00 am by Linda E. Cummings
  Instead, I’ll direct you to this blog post, So Your Business Has Been Sued:  Now What? [read post]
8 Jan 2021, 5:30 am by Daniel E. Cummins, Esq.
 Rather, the court found that the Plaintiff’s expert relied upon studies conducted by transportation safety organizations along with policies adopted by large commercial transportation companies and insurance companies. [read post]
15 Aug 2022, 1:58 pm by Steve Bainbridge
While these figures are likely higher among Fortune 100 companies than public companies as a whole, this increase between 2020 and 2021 reflects a trend toward greater board committee oversight of ESG matters occurring more generally among U.S. public companies. [read post]
4 Dec 2014, 7:39 am by Allison Tussey
Cormier, 42, Nokomis, Florida, the sole owner of a title insurance company, was sentenced by Senior U.S. [read post]
28 Nov 2022, 3:30 am by Schwartzapfel Lawyers P.C.
Accordingly, in lawsuits where a plaintiff wishes to recover compensation in order to pay for medical bills and accident-related expenses, insurance companies and/or at-fault parties require proof of injury before they’ll accept directives to make payment(s). [read post]
27 Dec 2011, 2:56 am
National Indemnity Co., No. 06-CV-0573 (E.D.N.Y. 2011), the plaintiff obtained a judgment against Frontier Insurance Company, and then sought to collect the amounts owed from Frontier’s reinsurer, National Indemnity Company (“NICO”). [read post]
6 Aug 2013, 9:26 am by Sheppard Mullin
The First Circuit points out that the private equity fund (i) received management and consulting fees through its affiliates and (ii) received a direct economic benefit in the form of offsets against the management fees that it would have otherwise paid to its general partner. [read post]
9 Nov 2009, 1:09 pm by Robert David Malove
However, recouping funds for private companies does not share the same status. [read post]
24 Feb 2022, 1:39 pm
" (European Union agrees to hit Russia with sanctions).See also (1) Sberbank, OFAC issued Directive 2 under E.O. 14024, “Prohibitions Related to Correspondent or Payable-Through Accounts and Processing of Transactions Involving Certain Foreign Financial Institutions” (the “Russia-related CAPTA Directive”); (2)  OFAC’s List of Foreign Financial Institutions Subject to Correspondent Account or Payable-Through Account Sanctions… [read post]
2 Jun 2023, 2:32 pm by Chip Merlin
Generally, an insurer need not inform an insured of his responsibilities under the policy. [read post]
29 Oct 2008, 4:59 pm
  It all came to a head when New York Attorney General Andrew Cuomo sent a sharp letter to the board of directors more or less directing them to reexamine these policies. [read post]