KBRA Assigns Preliminary Ratings to AB Issuer LLC Series 2021-1 Senior Secured Notes apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
State Notifications Deemed to Trigger DFS Reporting of Non-material Breaches
Two successive Consent Orders have demonstrated the seriousness of non-compliance with New York’s Department of Financial Services financial regulations. While not surprising given the relatively egregious facts of the two cases, DFS’s unprecedented interpretation of the ‘other’ reporting prong of DFS Part 500.17(a) – any notice to another regulatory authority even if the incident is not material – creates a potential hidden standard for the timing of reporting such incidents.
In March 2021, the New York State Department of Financial Services (“DFS”) entered into a consent order with Residential Mortgage Services (“Residential”), a mortgage loan service company based in Maine, which required Residential to pay a $1.5 million penalty for violating DFS’s cybersecurity regulation, as well as undertake certain remedial measures.
College Renters Insurance 101 universityherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from universityherald.com Daily Mail and Mail on Sunday newspapers.
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(Photo : Karen Condor )
We all know that safety technology in vehicles is saving lives and saving on auto insurance, but don t forget the role of GPS in telematics and usage-based auto insurance in doing that as well, such as pay-as-you-drive car insurance.
Technology has also positioned insurance companies to save potential and current clients time, from getting rate quotes to making the accident filing process easier, thanks to image analytics assisting with auto repair claims.
Review how technology is saving auto insurance customers time and money, and also see what the future holds: Driverless autos, yes. Flying autos, ever? Cheaper insurance? Read on.