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DOL Updates Factors For Selecting Plan Investments

Burr Forman

See Interpretive Bulletin 94-1, Interpretive Bulletin 2008-01, Interpretive Bulletin 2015-01 and Field Assistance Bulletin 2018-01. In prior guidance [Interpretive Bulletin 2015-01; hereinafter “IB 2015-01”], the DOL recognized two situations which may support a fiduciary’s use of ESG Factors in the selection of investments.

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[Client Alert] Outbreak Period Nightmare: Employee Benefit Deadline Extensions Now Based on Individual Case-by-Case Basis

Fraser

Department of Labor’s Employee Benefits Security Administration (EBSA) issued EBSA Disaster Relief Notice 2020-01 (Disaster Relief Notice). Answer: EBSA Disaster Relief Notice 2021-01 (Released Friday, February 26, 2021). On Friday, February 26, 2021, the Department of Labor released EBSA Disaster Relief Notice 2021-01.

Lawyers 98
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Seventh Circuit Finds Furnisher Not Liable Under FCRA Despite CRA’s Inaccurate Interpretation of Furnisher’s Reporting

Troutman Sanders

In 2019, the plaintiff allegedly submitted a dispute to a CRA regarding its reporting of her mortgage loan as currently delinquent when the loan had in fact been paid off through a short sale of the property in 2016. Also, the Date Closed was correctly furnished as “01-14-2016.” The plaintiff appealed.

Loans 40
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UK Credit Cards: More Consumers Missing Second, Third Payments

Fico Collections

Going back to November 2019 — pre-pandemic — the percentage of customers missing one, two and three payments was higher than it is now. FICO’s latest market report of UK card trends suggests that consumers managed their credit card debt to keep lines of credit open for the festive season as spend increased month on month.

Lender 52
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Cash Flow Data Can Improve Credit Access with an UltraFICO® Score

Fico Collections

Thu, 08/22/2019 - 12:37. Thu, 01/05/2023 - 16:00. consumers who don’t have enough credit history to generate a traditional FICO ® Score, over 15 million could receive an UltraFICO ® Score. FICO Admin. by Joanne Gaskin. expand_less Back To Top.

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Specific Concerns: Insurance Coverage Denials and Specific Personal Jurisdiction

Burr Forman

01/26/2021), arose out of an insurance policy which was issued in Minnesota by an insurance company incorporated in Pennsylvania with its principal place of business in Illinois. [10] 2019); Sodexo Mgt., 01/26/2021). [6] Similarly, the claims in Sodexo , 2021 WL 254240 (S.D. 13]. ––––, 137 S.Ct. 1773, 1780, 198 L.Ed.2d

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The State of Responsible AI in Financial Services

Fico Collections

Thu, 12/19/2019 - 16:29. Wed, 01/18/2023 - 22:50. The third annual State of Responsible AI in Financial Services report released today, alerting the industry to come together and self-regulate its use of AI. FICO Admin. by Scott Zoldi. Chief Analytics Officer. expand_less Back To Top.