Sentences with phrase «against banks and insurance companies»

About $ 700 million of this is paid for from settlements of lawsuits against banks and insurance companies.

Not exact matches

It seems that the Magnificent Seven have circled the wagons in defense against the ubiquitous criticism being leveled at the world's central banks from fellow academics, traders, and pension and insurance companies.

It's no longer actually meant to regulate the financial services industry as it pertains to the treatment of Main Street — it has been transformed into an advocacy for the banks, credit card issuers, insurance companies, mortgage originators and brokerage firms against what it sees as overzealous regulation and job - killing oversight.

The portfolio includes bonds and uses bank and insurance company contracts (wraps) to protect against interest rate volatility.

--------------------------- The National Rifle Association filed a lawsuit Friday against Governor Cuomo & the State Department of Financial Services, the NRA Accuses accusing them of coercing banks and insurance companies to withhold services to the gun lobbying group.

More so, it is competing against the banks and even insurance companies who have both the size and scale to be a low - cost and profitable manufacturer of ETFs.

The authors of the study point to other regulatory and legislative acts, including the «order precedence rule,» commonly known as the «Manning Rule» after a legal case against Charles Schwab, the Gramm - Leach - Bliley Act, which saw the end of the Glass - Steagall Act of 1933 and formally allowed the combination of commercial banks, securities firms and insurance companies, Regulation Fair Disclosure, which devalued stock research, and the Global Settlement ruling, which has made research coverage tougher for issuers to secure.

He has 12 years» experience of major commercial litigation in such diverse areas as bribery and corruption of senior executives and misappropriation of corporate assets (including the 24 - week Fiona Trust trial), international arbitration (typically LCIA, ICC, LMAA and UNCITRAL and frequently for or against states or state - owned companies), proceedings in the Commercial Court under the Arbitration Act 1996, banking litigation, offshore engineering, shipping and insurance.

Enacted in 2010 by a Democrat - controlled Congress and signed into law by Barack Obama, FATCA is virtually unknown to most Americans but has been wreaking havoc with the global financial system outside the US Touted as a weapon against «fat cat» tax evaders stashing funds offshore, FATCA is instead an indiscriminate information dragnet requiring all non-US financial institutions (banks, credit unions, insurance companies, investment and pension funds, etc.) in every country in the world to report data on all specified US accounts to the IRS.

She also regularly defends claims brought against banks, insurance companies, and other financial services providers.

Axis Bank, in its reply said insurance policy is issued only after receiving a request from the customer or after an agreement and Bajaj Allianz General Insurance company, against whose name the policy was issued, maintains a video record of insurance policy is issued only after receiving a request from the customer or after an agreement and Bajaj Allianz General Insurance company, against whose name the policy was issued, maintains a video record of Insurance company, against whose name the policy was issued, maintains a video record of the same.

Insurance Commissioner Jim Donelon weighed in on Louisiana's comparatively high auto insurance rates on Monday (Feb. 17), noting a recent landmark suit filed by the East Bank levee board against oil and gas companies will help further a wider push to revisit tort reform during this year's legislativeInsurance Commissioner Jim Donelon weighed in on Louisiana's comparatively high auto insurance rates on Monday (Feb. 17), noting a recent landmark suit filed by the East Bank levee board against oil and gas companies will help further a wider push to revisit tort reform during this year's legislativeinsurance rates on Monday (Feb. 17), noting a recent landmark suit filed by the East Bank levee board against oil and gas companies will help further a wider push to revisit tort reform during this year's legislative session.

According to the CBI charge sheet, Paramount Airways Pvt Ltd (PAPL), its managing director M Thiagrajan, then CMD of Oriental Insurance Company Ltd (OICL) M Ramadoss, and three other officers were accused of causing wrongful loss to five public sector banks and the insurance company, against which claims of Rs 442 crore were raised due to payment defaults by theInsurance Company Ltd (OICL) M Ramadoss, and three other officers were accused of causing wrongful loss to five public sector banks and the insurance company, against which claims of Rs 442 crore were raised due to payment defaults by the aCompany Ltd (OICL) M Ramadoss, and three other officers were accused of causing wrongful loss to five public sector banks and the insurance company, against which claims of Rs 442 crore were raised due to payment defaults by theinsurance company, against which claims of Rs 442 crore were raised due to payment defaults by the acompany, against which claims of Rs 442 crore were raised due to payment defaults by the airline.

The investment component serves as «bank» of sorts for the amounts left over after charges are applied against the premium paid, namely charges for mortality (to fund the payouts for those that die with amounts paid beyond the cash values), administrative fees (it costs money to run an insurance company (grin)-RRB- and sales compensation (the advisor has to earn a living).

«In this instance the bank stacked up quite favorably against life insurance companies and CMBS providers and was awarded the deal accordingly.»