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Applying New York law, the United States District Court for the Southern District of New York has held that an SEC investigation of the insured company did not constitute a “Securities Claim,” where the term expressly excluded investigations.
Hertz Global Holdings, Inc. v. Nat’l Union Fire Ins. Co. of Pittsburgh, 2021 WL 1198802 (S.D.N.Y. Mar. 30, 2021). The court likewise held that the investigation did not constitute a “Claim” against Insured Persons, notwithstanding cooperation of former executives in the investigation.
In 2013, a securities class action was filed against the insured car rental company. The next year, the company received an SEC Formal Order of Investigation providing that the SEC had “information that tends to show” securities law violations. The company noticed the class action and investigation under a policy that afforded coverage for “Securities Claims” against the company
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New Delhi: Employees’ State Insurance Corporation (ESIC) during its 184th Meeting held on 22.02.2021 under the chairmanship of Shri Santosh Kumar Gangwar, Minister of State for Labour& Employment (Independent Charge), Govt. of India has taken several significant decisions to improve its service delivery mechanism and to strengthen the medical infrastructure benefiting its Insured Workers.
Relaxation in contributory conditions to avail Sickness Benefit to the Insured Women availing Maternity Benefit
Relaxation in contributory conditions to avail Sickness & Maternity Benefits for the benefit period of January to June’2021
ESIC to construct 300 bedded Hospital including 50 Super Specialty beds at Haridwar, Uttarakhand
ESIC to construct 350 bedded Hospital with additional 50 bedded SST wing at Vishakhapatnam, Andhra Pradesh
ESIC eases conditions for women to avail sickness benefit, decides to set up more health facilities
Synopsis
The ESIC on Monday decided to give relaxation in contributory conditions to avail sickness benefit to the insured women availing maternity benefit.
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The Employees State Insurance Corporation (ESIC) on Tuesday took steps, such as relaxing contributory conditions for insured women to avail sickness benefit and decision to set up more hospitals, for improving delivery of services for insured persons under its health insurance scheme. The Employees State Insurance Corporation (ESIC), during its 184th meeting held on February 22, 2021, under the chairmanship of Santosh Kumar Gangwar, Minister of State for Labour and Employment (Independent Charge).has taken several significant decisions to improve its service delivery mechanism and to strengthen the medical infrastructure benefiting its insured workers, the labour ministry said in a statement.
Lieutenant Governor of Jammu and Kashmir Manoj Sinha was the chief guest at foundation stone laying ceremony. According to the Ministry of Labour and Employment, the four-storied, 100 bedded hospital will be built over an area of five acres and will provide services covering 23 specialities and three super specialities. The facility will come up at an expenditure of Rs 160 crores and is expected to be completed in the next one and a half years. Besides covering registered Insured Persons (IPs), the healthcare facilities will also be available to the general population. Speaking on the occasion, Gangwar said that ESIC has been working for the past 66 years and has a presence in over 80 per cent of the districts of the country. He said that Srinagar has around 20,000 IPs and they deserve the best healthcare as is available to their counterparts in other regions of the country.
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Minister of State (I/C) for Labour and Employment, Santosh Kumar Gangwar laid the foundation stone of 100 bedded Employees State Insurance Corporation Hospital in Budgam (Photo/ANI)
Santosh Kumar Gangwar lays foundation stone of 100 bedded ESIC hospital in J-K s Budgam ANI | Updated: Dec 22, 2020 09:32 IST
Budgam (Jammu and Kashmir) [India], December 22 (ANI): Minister of State (I/C) for Labour and Employment Santosh Kumar Gangwar on Monday laid the foundation stone of 100 bedded Employees State Insurance Corporation (ESIC) Hospital at Ompura, Budgam.
Lieutenant Governor of Jammu and Kashmir Manoj Sinha was the chief guest at foundation stone laying ceremony.
According to the Ministry of Labour and Employment, the four-storied, 100 bedded hospital will be built over an area of five acres and will provide services covering 23 specialities and three super specialities. The facility will come up at an expenditure of Rs