Cut clause in INFO

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Aug 6th, 2022
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How to cut clause in INFO

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afternoon everyone and welcome to this webinar about non-compete clauses and the impact that they have on workers and about the ftcamp;#39;s proposal to prohibit virtually all non-competes my name is Terry gerstein I am a senior fellow at the economic policy Institute and I direct the project on State and local enforcement at the Harvard Center for labor and a just economy the economic policy Institute Epi which is hosting this webinar is a non-profit non-partisan Think Tank created in 1986 to include the needs of low and middle income workers in Economic Policy discussions so Iamp;#39;m going to start out we have a really exciting lineup for everyone today a little a few housekeeping issues first one is that this webinar is being recorded if you have questions please put them in the Q a and weamp;#39;ll be sure to try to answer them and then also um as Elizabeth Wilkins from the Federal Trade Commission is participating in this webinar this webinar and all of the comments in it and

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A cut through endorsement is a reinsurance contract endorsement providing that, in the event of the cedents insolvency, the reinsurer will pay any loss covered by the reinsurance contract directly to the insured.
A cargo clause in respect of pipes or cargo similar in length, which provides that damaged cargo should be cut off, leaving the good in pieces for the account of the Insured.
An insurance cutoff is a reinsurance contract provision that prevents the reinsurer from being liable for claims after the contract termination date.
What Is a Cut-Through Clause? A cut-through clause is a reinsurance contract provision that allows a party, other than the ceding company and reinsurance company, to have rights under the agreement. Cut-through clauses are often triggered by specific events, such as when a ceding company becomes insolvent.
cut-through clause: Used with retrocessions. The primary insurer has the ability to receive reinsurance payments directly from the retrocessionaire if unable to recover from the reinsurer.

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