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20 Nov 2023, 7:57 pm
In the European Union, the Digital Operational Resilience Act (DORA) has been enacted for similar purposes, and the UK also has recently introduced an operational resilience regime for insurers (read more below). [read post]
19 Nov 2023, 12:22 pm
The Chicago Underwriters Association and the Western Insurance Union provide funding to support Mr. [read post]
18 Nov 2023, 1:19 am
Alternatively, you can find individual insurance coverage, such as long-term disability insurance, through brokers and online markets, and some credit unions offer an option to purchase these types of plans as a benefit of being a member. [read post]
17 Nov 2023, 5:54 am
By Lene Powell, J.D.Institutional investors representing over $10 trillion in assets under management or advice called on the 50 largest stock-listed chemical companies to phase out PFAS chemicals, citing a “flood” of litigation, insurance risks, and costs running into the hundreds of billions. [read post]
17 Nov 2023, 4:54 am
Russia levied a fine against Google, likely trying to force the company to cease operations in the country entirely as the Kremlin asserts online control. [read post]
13 Nov 2023, 9:05 pm
”[19]The Interpretive Guidance states that the Council expects to “continue addressing most risks through its collaboration with primary financial regulators” and will base any nonbank financial company designation on “data-driven analysis that reflects the distinctive aspects of the company, its market, and its existing regulation. [read post]
10 Nov 2023, 1:03 pm
Another dissental by the same nine judges: "A man may be known by the company he keeps, but not by the company that his company keeps, particularly when his company's company isn't also his company. [read post]
10 Nov 2023, 9:02 am
The OCC TCPA-related procedures are interagency in nature, involving the OCC, the Federal Deposit Insurance Corporation, and the National Credit Union Administration. [read post]
8 Nov 2023, 4:02 pm
National Union Fire Insurance Company of Pittsburgh, PA insured the vitamins, and UPS Supply Chain Solutions, Inc. contracted for them to be carried by EVA Airways Corporation, an airline headquartered in Taiwan. [read post]
7 Nov 2023, 10:40 am
From the perspective of companies that own and operate digital platforms and services, if regulations like the DMA make markets less profitable, some companies could choose not to enter or leave such markets. [read post]
6 Nov 2023, 6:00 am
The Union opposed the Employer's motion.Noting that arbitration is highly favored in New York, Supreme Court, citing Falzone v NY Central Mutual Fire Insurance Company, 15 NY3d 530 and Goldfinger v Lisker, 68 NY2d 225, said although "courts seldomly disturb arbitration awards even if the courts would have reached a different conclusion ... [read post]
6 Nov 2023, 6:00 am
The Union opposed the Employer's motion.Noting that arbitration is highly favored in New York, Supreme Court, citing Falzone v NY Central Mutual Fire Insurance Company, 15 NY3d 530 and Goldfinger v Lisker, 68 NY2d 225, said although "courts seldomly disturb arbitration awards even if the courts would have reached a different conclusion ... [read post]
5 Nov 2023, 11:16 am
App. 2006); Union Health & Accid. [read post]
3 Nov 2023, 11:22 am
" Respondent here, wielding enormous regulatory power as the head of New York's Department of Financial Services ("DFS"), applied similar pressure tactics—including backchannel threats, ominous guidance letters, and selective enforcement of regulatory infractions—to induce banks and insurance companies to avoid doing business with Petitioner, a gun rights advocacy group. [read post]
2 Nov 2023, 9:45 am
[v] The waiver permits subgrantees to fulfill the LOC requirement (or any alternative permitted under the waiver) by utilizing any United States credit union that is insured by the National Credit Union Administration and that has a credit union safety rating issued by Weiss of B− or better. [read post]
2 Nov 2023, 9:04 am
These include, among others: Large operating companies (20+ full time employees and $5 million in gross receipts/sales); Public companies; Venture capital fund advisors; Pooled investment vehicles; Subsidiaries of certain exempt entities (must be wholly owned subsidiaries); Insurance companies and insurance producers; Certain other highly regulated entities, such as: Banks; Credit unions; Bank holding companies; Securities brokers or… [read post]
1 Nov 2023, 1:18 pm
Insurance companies only offer appeals because they have to. [read post]
1 Nov 2023, 11:41 am
The “Particulization Process” results in ‘Particle’ shares (in the form of asset-backed NFTs referred to as ‘Digital Reference’) being disseminated between investors, while the physical artworks are being loaned on the perpetual basis to the Particle Foundation for the purposes of displaying, preserving and insuring the object.[14]Nevertheless, the company explicitly excludes these ‘Particles’ as security offering or any other form of… [read post]
30 Oct 2023, 3:58 am
Secure comprehensive product liability insurance, emphasizing especially high-risk goods. 7. [read post]
24 Oct 2023, 12:46 pm
Illinois Union Insurance Company, in which the same insurer had successfully argued that false loan compliance certifications at issue in a False Claims Act claim did not qualify as professional services and therefore that the claim was excluded from coverage under a professional liability insurance policy. [read post]
