DFS has developed a draft pre-proposal notice regarding proposed amendments to 11 NYCRR 52 (Insurance Regulation 62) which, if adopted, would amend the minimum standards for form, content, and sale of health insurance in New…
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/ Civil Rights, Health, Insurance
The Alabama Securities Commission recently issued an Order exempting Alabama based investment advisers to “private funds” from the requirement to register as investment advisers with the ASC…
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/ Business Organizations, Finance & Banking, Securities Law
With issuance of Bulletin No. 24-12, the New Jersey Department of Banking & Insurance has extended the time for enrollment in the state insurance exchange, “Get Covered New Jersey” through October 31, 2024. This extension…
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/ Health, Insurance
In the recent case, Connelly v. United States, 602 U.S. (2024) (slip op.) the U.S. Supreme Court unanimously ruled that life insurance proceeds received by a closely held corporation which is used to fund the redemption of a…
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/ Business Organizations, Taxation, Wills, Trusts, & Estate Planning
On June 12, 2024, Florida’s Third District Court of Appeal vacated a $1.5 million legal malpractice arbitration award, holding the arbitrator unfairly considered an unpled theory of relief when rendering an award in favor of…
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/ Alternative Dispute Resolution (ADR), Civil Procedure, Commercial Law & Contracts, Professional Malpractice
The Federal Bureau of Investigation (FBI) recently issued a warning about scams involving timeshares that have senior Americans as the primary victim. The FBI noted that timeshare fraud poses a significant risk to older…
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/ Consumer Protection, Finance & Banking, Real Estate - Residential
The Supreme Court of New Jersey recently issued a decision in Savage v. Twp. Of Neptune, (A-2-23)(087229), 257 N.J. 204 (2024) (slip. op.) holding the parties’ non-disparagement provision to be unenforceable as it was found to…
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/ Alternative Dispute Resolution (ADR), Civil Rights, Labor & Employment Law
On May 13, 2024, the New Jersey Supreme Court in Kennedy, II v. Weichert Co., (A-48/49-22) (No. 087975), N.J. (slip op.) held real estate salespersons to be independent contractors under certain circumstances. Specifically, the…
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/ Labor & Employment Law, Real Estate - Commercial, Real Estate - Residential
On May 16, 2024, the Supreme Court of the United States issued a unanimous decision in Smith v. Spizzirri. This decision brings much-needed clarity to the proper procedure for federal courts, when dealing with cases involving…
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/ Alternative Dispute Resolution (ADR), Civil Procedure
During the 2024 Legislative session, the Florida Legislature passed Senate Bill 556, “Protection of Specified Adults”, which was signed into law by Governor Ron DeSantis on May 28, 2024…
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/ Consumer Protection, Finance & Banking, Securities Law
Under Federal Law, the Group Capital Calculation (GCC) is the means through which states put in place a “worldwide group capital calculation” to avoid the European Union from imposing a group capital requirement of its own on…
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/ Finance & Banking, Insurance, International Law & Trade
The New Jersey Department of Banking and Insurance (DOBI) issued Bulletin 24-05 on May 14, 2024 updating Bulletin 24-03 to expand the unwinding special enrollment period and clarify the guaranteed issue period for Medicare…
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/ Consumer Protection, Health, Insurance
Introduction - The nation’s highest court has lowered the bar for involuntarily transferred employees to make the necessary showing of harm to make out a case of Title VII employment discrimination…
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/ Civil Rights, Labor & Employment Law
On April 23, 2024, the U.S. Department of Labor issued its Final Rule making major changes in the minimum salary requirements for overtime exempt salaried employees. Specifically, the rule raised the minimum salary threshold…
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/ Labor & Employment Law
On April 23, 2024, by a 3-2 straight party-line vote, the Federal Trade Commission issued a Final Rule banning virtually all non-compete agreements. The new rule does contain limited exceptions for existing non-compete…
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/ Antitrust & Trade Regulation, Labor & Employment Law
