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30 Mar 2020, 12:53 am
Exacerbating this situation is the underlying business has only general by-laws and a very narrowly drawn Shareholders Agreement focused on life insurance policies and succession rights, but providing no guidance on the operations of the business or general governance provisions. [read post]
29 Mar 2020, 10:26 am
The emergency order establishes a quick and easy path to implement RON but the title insurance companies are demanding stronger safeguards in the RON process. [read post]
27 Mar 2020, 10:05 am
Top U.S. officials have generally condemned the expulsions. [read post]
27 Mar 2020, 2:00 am
Specifically, for large-scale enterprises and social organizations, the employer’s contribution rates for pension insurance, unemployment insurance and work-related injury insurance are cut by half from February to April 2020. [read post]
27 Mar 2020, 1:40 am
But when were insurance companies ever fair? [read post]
26 Mar 2020, 2:43 pm
We have, however, seen two coronavirus-related securities class action cases filed against public companies with very direct connections to the coronavirus situation. [read post]
26 Mar 2020, 11:44 am
Health Insurance. [read post]
In Advance of April 1 Effective Date, DOL Issues Guidance on Families First Coronavirus Response Act
26 Mar 2020, 10:49 am
The notice must be posted in a conspicuous place in each of the employer’s locations, or alternatively, an employer may e-mail or direct mail the notice to employees, or post it on an employee information internal or external website (e.g., a company intranet). [read post]
26 Mar 2020, 8:22 am
Connecticut: On March 24th, Insurance Commissioner Andrew Mais issued Bulletin IC-40 to all admitted and non-admitted insurance companies, requesting all such companies provide their insureds with at least a 60-day grace period to pay insurance premiums so that insurance policies are not cancelled for nonpayment of premium. [read post]
26 Mar 2020, 8:07 am
What about adding to an otherwise permissible health care message offers to sell home test kits, grocery delivery, health insurance, and cleaning services? [read post]
25 Mar 2020, 2:17 pm
Leaving the exclusion to one side, business interruption insurance generally requires some type of direct physical loss in order to be triggered. [read post]
25 Mar 2020, 2:17 pm
Leaving the exclusion to one side, business interruption insurance requires some type of direct physical loss in order to be triggered. [read post]
25 Mar 2020, 2:00 pm
” Determining whether your operations are essential businesses is highly fact specific, and companies should exercise caution when making that determination. [read post]
25 Mar 2020, 11:21 am
As many businesses face closures pursuant to governmental directives designed to combat the spread of COVID-19, such closures may trigger claims under property and comprehensive general liability policies. [read post]
24 Mar 2020, 1:51 pm
The federal relief package includes direct payments to citizens. [read post]
24 Mar 2020, 12:56 pm
At the governor’s direction, Vermont’s agency has ordered expedited processing of UI claims. [read post]
24 Mar 2020, 12:30 pm
A company would “control” an ILC if it has the power, directly or indirectly, to vote 25 percent or more of any class of voting shares of any ILC or any company that controls the ILC, or to direct the management or policies of any industrial bank or parent company. [read post]
24 Mar 2020, 12:29 pm
As an essential activity/business, insurance companies are exempt from the order. [read post]
24 Mar 2020, 10:42 am
But if the government is picking up the tab for laid off workers via unemployment insurance, what is the purpose of the $425 billion in direct loans and loan guaranties? [read post]
24 Mar 2020, 9:26 am
Scope 2.1.1.The aim of the scheme is to provide liquidity to larger businesses by the direct purchase by the BoE on behalf of HM Treasury of their commercial paper (“CP”). [read post]