Remove insurance-authority about
article thumbnail

Digital Bank Holidays: Buying Time in a Financial Emergency

Reynolds Holding

It has been a year since Silicon Valley Bank failed, and one of the major policy questions that emerged – what to do about deposit insurance? Banking is an industry that needs public confidence to function, and we have become accustomed to relying on confidence-inspiring deposit insurance as our primary bulwark against bank runs.

Banking 59
article thumbnail

Health care and cybersecurity insurance: The importance of understanding your organization’s coverage

LaPorte

(authored by RSM US LLP) Cyber insurance could be a way to protect health care organizations from costly threats, but there's much to consider about this coverage. The post Health care and cybersecurity insurance: The importance of understanding your organization’s coverage first appeared on LaPorte.

52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Appraiser Newsroom - Untitled Article

Appraiser Newsroom

Tweet By Thomas Dawson, ASA Spotlighting five key areas appraisers need to know to be covered in ASA ’ s upcoming PP163 Property Insurance Fundamentals webinar. In the property insurance industry, appraisers play a vital role, particularly when it comes to claims.

article thumbnail

CMS Fact Sheet Addresses End of COVID-19 Public Health Emergency

ThomsonReuters

The fact sheet, which is addressed to individuals, confirms that HHS is expecting the PHE to expire at the end of the day on May 11 and provides information about the implications for coverage under private health insurance, as well as Medicare, Medicaid, and CHIP. Contributing Editors: EBIA Staff.

97
article thumbnail

Sullivan & Cromwell Discusses State Requirements of “Fair Access” to Financial Services

Reynolds Holding

On April 22, 2024, the Tennessee Governor signed into law House Bill 2100 (“TN HB 2100”), a fair access law that will, effective July 1, 2024, apply to, among others, national banks and state banks with more than $100 billion in assets, as well as insurers. 5] Fair Access Provisions and Related Attestations. Enforcement. our law is upheld.”

Banking 45
article thumbnail

Appellate Court Agrees TPA Was Not a Plan Fiduciary

ThomsonReuters

2023) Available at [link] The First Circuit has upheld a trial court’s conclusion that a third-party administrator (TPA) for a self-insured multiemployer health plan was not an ERISA fiduciary based on its administrative activities (see our Checkpoint article ). Thus, the TPA lacked discretionary authority over plan management.

article thumbnail

Health Plans Must Cover OTC COVID-19 Tests

ThomsonReuters

FAQs About Affordable Care Act Implementation Part 51, Families First Coronavirus Response Act and Coronavirus Aid, Relief, and Economic Security Act Implementation (Jan. In lieu of direct coverage, however, participants may be required to submit claims under the plan’s or insurer’s claims procedures. Available at [link].

98