May 24, 2022 | Legislative/Regulatory Developments
The bills would allow for more state oversight so regulators can spot trends, analyze reasons and try to prevent the future failure of insurers.
May 20, 2022 | Legislative/Regulatory Developments
The company engaged in dilatory and abusive claims handling by requesting irrelevant records, failing to keep the insureds apprised of the status of the claim at proper intervals, and harassing the insured with character attacks, the suit claims.
Public companies and their stakeholders often struggle with effective environmental, social and governance programs in the absence of clear and common standards and regulations. But the landscape is rapidly changing in a way that will likely impose new risks and costs on companies.
May 17, 2022 | Legislative/Regulatory Developments
DeSantis did not provide details of changes he expects lawmakers to pass during the special session. But he indicated that lawmakers could try to curb litigation over insurance claims, an issue that insurers have long blamed for financial losses.
May 12, 2022 | Legislative/Regulatory Developments
The rule requires parties involved in the court proceedings to disclose any financial support from third-party funders.
May 09, 2022 | Legislative/Regulatory Developments
Review of the Oregon Division of Financial Regulation's bulletin regarding the intentional acts exclusion.
May 05, 2022 | Legislative/Regulatory Developments
The Advisory Letter quotes the law in outlining the appropriate standard of conduct of public adjusters, and warns adjusters from any conduct that could be interpreted as practicing law.
April 22, 2022 | Legislative/Regulatory Developments
In January 2022, Governor Phil Murphy signed into law Senate Bill 396, which extends the time for claims by planned real estate development associations against real estate developers, under certain circumstances. There may be some unintended consequences.
April 21, 2022 | Legislative/Regulatory Developments
The bill would amend the state's workers' compensation law in relation to presumptive evidence for individuals who participated in the World Trade Center (WTC) tragedy rescue, recovery and clean-up operations.
March 15, 2022 | Legislative/Regulatory Developments
Under one plan, deductibles wouldn't apply if roofs are damaged in named hurricanes, homes are total losses or roofs can be repaired without being replaced.
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