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2 Jan 2024, 10:01 am by Robin E. Kobayashi
It is axiomatic that the compensation remedy is exclusive of all other remedies by the employee or the employee’s dependents against the employer and insurance carrier for the same injury if the injury falls within the coverage formula of the act. [read post]
29 Dec 2023, 10:56 am by Taylor Hayslett
Exemptions The CTA includes 23 exemptions from the definition of reporting company, including, but not limited to, large operating companies, certain tax-exempt entities, publicly traded companies, banks, credit unions, securities brokers or dealers, money services businesses, investment companies, investment advisers, insurance companies, accounting firms, public utilities, pooled investment vehicles, a subsidiary of certain exempt entities, and… [read post]
28 Dec 2023, 9:05 pm by Noah Brown
The termination of the national emergency will end waivers impacting several federal health programs, including Medicaid, Medicaid, and the Children’s Health Insurance Program (CHIP), as well as the Department of Housing and Urban Development’s COVID-19 mortgage forbearance program. [read post]
28 Dec 2023, 5:00 am
April 19, 2023) (Op. by Mundy, J.), the court ruled that the removal of a vehicle from a multiple motor vehicle insurance policy, in which stacked coverage had been previously waived through a waiver form executed by the insured, did not require the insurance carrier to secure a renewed expressed waiver of stacked coverage under §1738(c).The basic rationale of the Court was that Section 1738 requires insurance companies to secure a new… [read post]
22 Dec 2023, 11:00 am by Cynthia Marcotte Stamer
”  Only the Secretary may sue under Section 11(c)(2); there is no private right of action. [read post]
21 Dec 2023, 6:46 am by Cari Rincker
C corporations can deduct fringe benefits—things like health insurance, paid time off, and commuter benefits—from their taxable income. [read post]
19 Dec 2023, 9:01 pm by renholding
The General Approach The Act will maintain the risk-based tiers outlined in previous drafts, while (a) narrowing the universe of AI models and uses that will be subject to substantial regulatory burdens, (b) moving much of the burden of compliance away from model developers to users and vendors/providers, and (c) relying on transparency and disclosure to address certain key issues, including IP/copyright concerns. [read post]
19 Dec 2023, 4:48 pm by Cynthia Marcotte Stamer
 On November 22, 2023, the Departments used their statutory authority (Internal Revenue Code Section 9816(c)(9), ERISA Section 716(c)(9), and PHS Act Section 2799A-1(c)(9)) to grant extensions in the following circumstances: Disputing parties may request additional time, beyond the current business day deadline, to respond to the certified IDR entity’s requests for additional information. [read post]
18 Dec 2023, 2:48 pm by CFM Admin
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]
15 Dec 2023, 8:55 am by Cynthia Marcotte Stamer
 On November 22, 2023, the Departments used their statutory authority (Internal Revenue Code Section 9816(c)(9), ERISA Section 716(c)(9), and PHS Act Section 2799A-1(c)(9)) to grant extensions in the following circumstances: Disputing parties may request additional time, beyond the current business day deadline, to respond to the certified IDR entity’s requests for additional information. [read post]
14 Dec 2023, 9:01 pm by renholding
The New York Department of Financial Services (NYDFS) has finalized amendments (“Amended Regulation”) to its cybersecurity rule (“Cybersecurity Rule”) that applies to financial institutions licensed by the NYDFS. [read post]
14 Dec 2023, 8:56 am by admin
After a motorcycle accident, if your insurance company wrongly terminates or denies benefits that you are entitled to under your Section B coverage, you may take legal action to obtain those benefits. [read post]