Resources by solution

1041 - 1050 of 1233 items [Currently showing All Items in All Solutions]

Advisor: Glascoff v. OneBeacon - Later Suit Doesn't Relate Back

In the summer of 2014, the Southern District of New York decided that two seemingly related cases were, in fact, unrelated. Usually, this is good news for clients, as carriers often use the "related wrongful acts" or "related claims" language to exclude coverage. However, this time, it was bad news. How did the court reach this decision, and how did it ultimately impact the plaintiffs?

Tag(s): Management Liability;

Institutional Investment & Fiduciary Services - June 27 - Weekly Market Update

On Wednesday, The Bureau of Economic Analysis released their third revision to the 1st quarter GDP estimate showing that the U.S. economy contracted at a rate of 2.9%, previously reported as a 1.0% drop. This is the biggest contraction the U.S. economy has seen in five years, since the 1st quarter of 2009. This revision also marks the biggest difference between second and third estimates since records began in 1976. Yet investors shrugged off this news, with markets showing broad gains for the day and nine out of 10 S&P sectors closing higher. So why do investors seem so optimistic?

Tag(s): Institutional Investment & Fiduciary Services;

Healthcare Reform Update - June 25, 2014

This issue includes: Agencies Finalize Rules that Define How an Orientation Period Works with the 90-day Waiting Period HHS Finalizes Several SHOP Regulations Challenges to the Contraceptive Mandate Continue to Divide the Federal Courts Final Rules on Fixed Indemnity Plans as Excepted Benefits Clarifications to Marketplace Rules on Payment of Premiums and Special Enrollment Periods Expedited Process for Non-Formulary Drug Requests Required for the 2015 Plan Year Questions and Answers for Employers

Tag(s): Healthcare Reform; Health & Welfare;

Terrorism Risk Insurance Act: Coverage Extension Update: June 2014

On June 12, 2014, the House Financial Services Committee released a discussion draft of the Terrorism Risk Insurance Act Reform Act of 2014 (TRIA) and a potential extension for the TRIA coverage beyond its current expiration set for December 31, 2014. The report found that the GAO is not collecting enough data from insurers to determine whether the goals of the federal government’s terrorism insurance backstop program are being met. Without an extension, the Terrorism Risk Insurance Act (“TRIA”), initially enacted in 2002 following the events of September 11, 2001, and extended in 2005 and 2007, will expire.

Tag(s): Loss Control; Terrorism;