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15 Nov 2020, 1:18 pm
Background Ant Group is a Chinese online payments and lending processing company offering a wide variety of services and financial products, including insurance, the sale of mutual fund investments, and utility bill payments. [read post]
4 Nov 2020, 9:21 am
Chinese regulators have since issued new regulations targeting financial technology companies, requiring additional financial disclosures ahead of IPOs and imposing new restrictions on lending practices Ant Group operates as a “virtual financial services mall for everything from loans to mutual funds, insurance policies and travel bookings. [read post]
2 Nov 2020, 1:07 am
The restriction of the holding as to the consent of the insured and the qualification of the insured as an insurance company are of no practical impact and due to the narrow question referred to the Court. [read post]
30 Sep 2020, 9:42 am
Morette's wife and daughter sought a declaratory judgment that the insurer, Merchants Mutual Insurance Company, was liable for SUM coverage (Morette, supra, 35 Misc. 3d at 201-202). [read post]
17 Sep 2020, 5:30 am
See State Farm Mutual Automobile Insurance v. [read post]
9 Sep 2020, 1:02 am
The Court answered this question in the affirmative even for the situation in which the trader’s entity that had concluded the consumer contract remained liable besides the new company. [read post]
8 Sep 2020, 4:47 pm
This mutually acceptable outcome represents an amicable compromise and reasonable settlement of the issue, which led to positive publicity for both sides involved, the bicycle company and the film producers. [read post]
7 Aug 2020, 3:00 am
TJ Cox tried to bypass Yosemite National Park’s lottery for vehicle permits over a holiday weekend, and when he was not selected, he used his office to push the National Park Service to grant him tickets, according to internal National Park Service emails. [read post]
31 Jul 2020, 12:35 pm
The Variable Annuity Life Insurance Company (VALIC), a unit of AIG, was recently ordered to pay a penalty of $19,943,753 for—according to the SEC—breaching its fiduciary duty to clients in connection with its mutual fund sales practices. [read post]
20 Jul 2020, 7:00 am
Moreover, the Antilles’ low-tax regime for foreign-owned companies attracted early hedge funds and captive insurance companies that were able to operate as Antilles corporate entities with only minor inconvenience. [read post]
17 Jul 2020, 7:14 pm
That convergence has been made clear during the increasingly more theatrical engagements among the core leadership groups of both states, the tenor of which can be usefully gauged by two somewhat remarkable publications distributed. [read post]
8 Jul 2020, 12:08 am
SAIF Corporation is Oregon's not-for-profit, state-chartered workers' compensation insurance company. [read post]
16 Jun 2020, 11:26 am
Contact your insurance company as soon as you experience a loss to report your claim and diligently log your interactions with your insurer and its representatives. [read post]
4 Jun 2020, 6:25 am
The fee structure for sexual services was set in advance and the company maintained a list of contacts which was used to restrict inacceptable clientele. [read post]
29 May 2020, 6:17 am
In a joint press release, the National Association of Mutual Insurance Companies (“NAMIC”), the American Property Casualty Insurance Association (“APCIA”) and the Independent Insurance Agents & Brokers of America (“IIA”) stated that “a TRIA-like program, with an industry financial role, does not square with the fundamental notion that pandemics are not insurable risks. [read post]
26 May 2020, 11:35 am
The following month, Forman interrupted Sunday service at Riverside Church in New York to announce the reparations demand from the “Black Manifesto. [read post]
26 May 2020, 2:55 am
As a result, every company within the group that provides covered services in France can challenge the measure, and the treaties on which to base those challenges depend on the tax residence of the challenging companies. [read post]
18 May 2020, 6:33 pm
Change in Law Impracticability Impossibility Frustration of Purpose Business Interruption Insurance Suspension Agreements Special Situations: COVID-19 Force Majeure & Energy Construction/Services Time-No-Money for Force Majeure Dangers of Standby Compensation Clauses Delay Liquidated Damages Quarantine-Related Shut-Downs Special Situations: COVID-19 Force Majeure & Wind Projects Special Situations: COVID-19 Force Majeure & Solar Projects Are epidemics, pandemics, and… [read post]
4 May 2020, 12:03 pm
” Under § 1797.150, the Emergency Medical Services Authority, in cooperation with the Office of Emergency Services, “shall respond to any medical disaster by mobilizing and coordinating emergency medical services mutual aid resources to mitigate health problems. [read post]
22 Apr 2020, 7:02 am
Although available in the public sector, it is not anticipated that the Scheme will be used by many public sector organisations given their need to provide essential public services at this time. [read post]
