law

The Future of Insurance – Colorado’s New ECDIS and AI Model Regulations

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On September 21, 2023, the Colorado Department of Insurance adopted a final regulation to implement SB 21-169, the 2021 Act Governing the Use by Colorado Licensed Insurers of External Consumer Data and Information Sources (ECDIS), as well as algorithms and forecast models using ECDIS (models). The Final Regulation is scheduled to take effect on November …

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Athens Weekend Preview: Tattoo Show, Vacation Book Swap, and More | Art and culture

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Red & Black compiles a weekly roundup of shows and events for the upcoming weekend. This weekend features snapshots with Santa, a tattoo art exhibit, and several holiday markets. Thursday, November 30 KARAOKE NIGHT WHAT: Grab a beer and get your vocal chords ready for weekly karaoke at The Southern Brewing Company WHERE: Southern Brewing …

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Legal Update: Mancuso v. Starr Surplus Lines Insurance Co. – Courts continue to invalidate mandatory forum selection clauses in insurance policies using La. RS 9:2778

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In the recent decision between the Calcasieu Sheriff and Tax Collector (CPSO) and Starr Surplus Lines Insurance Company, the Western District of Louisiana issued a landmark decision challenging the enforceability of mandatory forum selection clauses in surplus lines insurance policies insuring public property . This decision confirms participation in Chennault International Airport Authority v. Starr …

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Nebraska tourism is growing, but the agency has spending limits

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LINCOLN — Considered by some to be a flyover state, Nebraska is actually a “sleeping giant” that is beginning to show signs of awakening. That’s the view of Robert Sabin, chairman of the Nebraska Tourism Commission, whose group expects to bring in a record $9.1 million in revenue this fiscal year due to rising visitation …

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Legal Insights: Upholding Forum Selection Clauses in Insurance Cases

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This case concerns a legal dispute involving Avantys Health Inc., an international medical insurance company (“Insurer”) and his insured, an American couple living in Florida (“Insured“). For the purposes of this article, we will discuss the decision of the Court of Appeal regarding the application of forum selection clauses and the jurisdiction of Quebec courts. …

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What extortion won the insurance companies | Editing

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Until a consumer advocacy group used the Public Records Act to reveal previously secret records, it was unclear exactly what the insurance industry gained when it extorted millions of Californians last summer and fall. It’s now clear that companies have won huge new freedoms from longstanding regulations that have saved California insurance customers billions of …

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SEC Adopts New Short Selling Reporting Requirements for Institutional Investment Managers

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On October 13, 2023, the SEC adopted a new Rule 13f-2 under the Exchange Act and a new Form SHO requiring institutional investment managers to file confidential monthly reports with the SEC regarding certain short sale data. The SEC expects to publish data derived from Form SHO reports aggregated to all reporting managers (ie, without …

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Argentina’s next president, Millay, must tame inflation, turn the economy around

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BUENOS AIRES, Nov 20 (Reuters) – Argentina’s newly elected libertarian President Javier Millay has won a bitterly contested election. Now comes the hard part: dealing with economic crises. Inflation is 143%, net foreign currency reserves are deep in the red, savers are ditching the peso, and a recession is looming – if it isn’t already …

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