More than 25 years have elapsed since the SEC adopted Exchange Act Rule 17a-4(f) governing electronic recordkeeping by broker-dealers. In an effort to update the rule to reflect “technology neutral” concepts, the SEC adopted...more
Insured’s annual planned premium did not implicate New York statute requiring refund of premium “actually paid for any period” beyond an insured’s death....more
A federal district court in Ohio recently attempted to shed some light on when internal communications between an ERISA plan administrator and its in-house counsel are discoverable and when they are protected by the...more
10/14/2019
/ Attorney-Client Privilege ,
Beneficiaries ,
Death Benefits ,
Denial of Insurance Coverage ,
Document Productions ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Fiduciary Duty ,
Fiduciary Exception ,
Insurance Claims ,
Insurance Litigation ,
Internal Communications ,
Life Insurance ,
Plan Administrators ,
Retirement Plan ,
Wrongful Death
In a November 16, 2017 ruling, a California appellate court affirmed a summary judgment ruling in favor of several financial advisors, and insurer American General Life Insurance Company, holding that plaintiffs’ fraud and...more
4/10/2018
/ Appeals ,
Defined Benefit Plans ,
Financial Adviser ,
Financial Planning ,
Fraud ,
Insurance Industry ,
Insurance Litigation ,
Investment Products ,
Life Insurance ,
Negligence ,
Statute of Limitations ,
Summary Judgment ,
Tax Advice ,
Tax Liability ,
Tax Shelters ,
Time-Barred Claims