The devastating California wildfires have left lenders grappling with the complex issue of releasing insurance proceeds for the repair and restoration of damaged properties. As entire communities are laid to waste and property values significantly diminish, lenders face the daunting task of
The devastating wildfires that began on January 7, 2025, in Los Angeles have left a catastrophic trail of destruction, leaving thousands of residents displaced and causing damage to homes, businesses, and entire communities. With insured loss estimates currently exceeding $30 billion, many
When faced with the daunting prospect of wildfire litigation, it is essential to be proactively prepared to safeguard your rights and interests. Rushing into legal disputes without a well-strategized approach can lead to unfavorable outcomes. By following these crucial steps, you can ensure that
The Office of Inspector General (OIG) recently issued a favorable opinion in Advisory Opinion No. 24-13 regarding a pharmaceutical manufacturer's program that provides free transportation, lodging, and support to eligible patients and their caregivers. This opinion, released on December 31, 2024,
On December 23, 2024, President Biden signed into law two important pieces of legislation, the Paperwork Burden Reduction Act (Reduction Act) and the Employer Reporting Improvement Act (Reporting Act). Both acts target easing the administrative and reporting burdens on health plan sponsors and
The landscape of fund finance is undergoing a significant transformation as the roles and influence of insurance companies evolve in unprecedented ways. This transformation, driven by the ever-increasing complexity of financial markets, has prompted a reevaluation and revision of fund finance
