According to Brazilian law, the Accident Prevention Factor (FAP) for each company is determined according to the number of labor accidents and illnesses that have generated payment of social security benefits. The FAP calculation is mainly based on the frequency, level of importance and cost of the labor illnesses and labor accidents of each company. In recent years, the social security website has provided the specific FAP for each legal entity. Read on to learn more about FAP regulation.
This resource contains helpful tips on getting the most out of your insurance company and appointed defense counsel (in the United States).
In this briefing we look back at some of the most noteworthy market and legal developments in restructuring and insolvency in 2013.
A review of new rules by the Brazilian National Council of Private Insurance related to the adjusted new worth of companies for insurance purposes.
A review of Brazilian data protection law in the context of the insurance industry.
The Regulator’s draft Code on funding defined benefits aims to strike a balance between employers’ pension obligations and their ability to invest in sustainable business growth. There’s a greater emphasis on living with risk: understanding and managing it, rather than eliminating it. The key is to hold three elements – funding, investment and the employer covenant – in balance. This article looks at how trustees are supposed to do this, and how the Regulator will measure their success.
The design and operational failures of the federal insurance exchange and comparable failures of a number of state exchanges will generate contract disputes and litigations. Read on for more information.
This article sheds new light on an oft-discussed issue: What to do about employee use of personal electronic devices?
Consumer product manufacturers, importers, distributors and retailers take heed. The US Consumer Product Safety Commission (CPSC) has been among the most active government agencies in the last four years. Companies must be proactive to ensure regulatory compliance and to protect their brand. This article suggests means to proactively design an effective product safety and regulatory compliance program.
The new regulatory framework for defined contribution pension arrangements is now live. It applies to all trust-based schemes providing DC-type benefits, whether wholly DC, elements such as AVCs in a defined benefit scheme or DC benefits with a DB underpin. The Regulator expects trustees to assess their schemes against its quality features and will monitor compliance. The following article provides an overview of the framework.