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5 Nov 2011, 3:43 pm
Three memorable Cohen quotes: "a lot of a little is a lot"; "vision without execution is hallucination"; and (applying his grandfather's wisdom to Executive Life's annuity rates ) "there is something wrong with this tuna fish. [read post]
30 Oct 2011, 6:25 am
First, it imposes the identical fee-for-completed-service language that applies to lawyers, via a new section of California’s Business & Professions Code, B&P 10085.6. [read post]
29 Oct 2011, 8:02 am
Irrespective of whether the Disclosure Guidance applies to them? [read post]
29 Oct 2011, 6:51 am
However, this exclusion (B.3) does not apply to [the insured's] maintenance or use of any vehicle which is: a. [read post]
28 Oct 2011, 7:10 am
Accroding to the court documents and statements, Kelly applied for and received loans to purchase and refinance homes in Myrtle Beach. [read post]
27 Oct 2011, 2:50 pm
The amendments address a number of issues including insurers’ reliance on loss underwriting exchange data, notices that insurers must send to drivers, the injury or property damage accident threshold that must be met in order for a driver to be considered principally at-fault for the accident and certain presumptions that insurers must follow when they make principally at-fault determinations. [read post]
International Banking and Finance Provide Grounds for Removal of State Court Action to Federal Court
26 Oct 2011, 3:00 am
AIG alleges that it purchased the securities and that defendants — financial institutions such as Bank of American, Merrill Lynch, and Countrywide — acted as underwriters, sponsors, and originators. [read post]
24 Oct 2011, 6:53 am
The proposed rule would apply to an underwriter, placement agent, initial purchaser or sponsor, or any affiliate or subsidiary of such entity, of an ABS. [read post]
18 Oct 2011, 3:00 am
Not applying that logic to Solyndra, are they?) [read post]
14 Oct 2011, 2:00 am
The proposed rule would apply to an underwriter, placement agent, initial purchaser or sponsor, or any affiliate or subsidiary of such entity, of an ABS. [read post]
13 Oct 2011, 6:14 am
And banks may still act as market-makers and underwriters. [read post]
13 Oct 2011, 4:31 am
Fee pressures have also caused many firms to agree to major busted-fee write offs - and, in fact, those agreements have long been the norm for underwriters' counsel. [read post]
12 Oct 2011, 6:17 am
Unlike most carriers that offer a 12 month initial rate guarantee, BCBSGA and AARP use a common renewal date for rate increases.Changing Medicare gap plans is relatively easy but you will be subject to medical underwriting. [read post]
12 Oct 2011, 3:00 am
UBS served as lead underwrite and main broker-dealer. [read post]
11 Oct 2011, 2:00 am
However, from the statutory language, it is unclear how broadly these exceptions will be applied. [read post]
30 Sep 2011, 6:50 am
If the wellness program is not truly "voluntary," then arguably the GINA's permissive provisions would not apply. [read post]
Underwriters and Their Policyholders Agree: Less Is More When It Comes to Crisis Management Expenses
29 Sep 2011, 7:07 pm
Since the author focuses on Beazley, let’s use that company as an example, although the following could apply to many cyber underwriters. [read post]
27 Sep 2011, 2:00 am
In the absence of mandatory disclosure on the part of issuers, the regulators have instead imposed obligations on municipal broker-dealers, underwriters and financial advisors to obtain contractual promises of disclosure from municipal issuers. [read post]
26 Sep 2011, 12:53 am
The prohibitions of paragraph (b) above shall not apply to allocations of securities that are directed in writing by the issuer, its affiliates, or selling shareholders, so long as the member has no involvement or influence, directly or indirectly, in the allocation decisions of the issuer, its affiliates, or selling shareholders with respect to such issuer-directed securities. .02 Annual Representation. [read post]
22 Sep 2011, 12:46 am
But, if any of those exceptions apply, well, then forget it, bend over. [read post]