Search for: "American National Insurance"
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20 Aug, 2008 11:38 am
... ," so the saying goes. Think so? Not so fast. A Utah jury awarded compensatory damages of more than $3 million and punitive damages of $60 million in a case involving deflection of
another company's insurance agents. Texas-based American National Insurance Company and its subsidiaries American National Property and Casualty Company and American National General
Insurance Company say they intend to ask for a retrial of ...
2 Apr 9:47 am
... by the Office of National Insurance ("ONI"), an independent office within the Department of
Treasury. The ONI would monitor national insurers and producers by setting guidelines and overseeing their financial and market conduct.
States would maintain ... industry groups have yet to comment, NICPA has already received support from the American Bankers Association,
American Bankers Insurance Association, The Council of Insurance Agents & Brokers and Reinsurance Association of America, as well as ...
11 Nov 3:52 am
... the Senate Banking Committee, chaired by Senator Christopher Dodd (D-CT), released a first draft for discussion of the American Financial
Stability Act of 2009 (the "Act"). Click here to view the official press release. Specifically, Title ... or have financial solvency requirements substantially similar to NAIC
accreditation requirements. Office of National Insurance The Act would create an Office of
National Insurance (the "ONI") within the Department of Treasury and is based on the draft proposal
...
23 Dec, 2008 8:00 am
... firms with which its embezzler-accountant was associated. General then assigned its claims against American National Bank to Continental Casualty Company, which was the insurer of one of the accounting firms. As assignee, Continental sued American National Bank for ... the documents did not form a basis to affirm the summary judgment. Here is the
court's rationale: ANB [American] sought discovery of certain financial documents from around the year 1993 that ANB hoped would answer the
question of ...
22 Jul 11:03 am
Americans for Insurance Reform (AIR), a special project of the Center for Justice & Democracy (CJ&D), released a major new study
today that (among other things) ... have never been greater than 1% of our nation's health care costs. • Medical malpractice insurer profits are higher than the rest of
the property casualty ... did from 2002 until 2005, are not related to claims but to the economic cycle of insurers and to drops in investment income. • Many states that have
resisted enacting severe ...
20 Jan, 2008 3:33 am
Today's law-related blog is a group effort -- the National Insurance Law Forum is a public service
intended to facilitate discussion and an exchange of ideas and information among insurance industry professionals, risk managers, attorneys,
policyholders, students, and others with an interest in the development of American insurance law.
The main contributors are Kevin Merriman (Rochester, NY), Sara Thorpe (San Francisco), Michael Aylward (Boston), Diane ...
4 Nov, 2008 9:58 pm
... on American National's agreement to contribute these sums without any right to recoupment. The
district court concluded that it was "unreasonable for [American National] as the insurer to
'gamble' in this manner without explicitly disclosing its position to the insured, who ... its reservation of rights during the final stages of the settlement discussions, a
period of time when it was well aware of its insured's position that the County's maximum contribution would be capped at $50,000. As to the ...
15 Jan 1:30 am
... competition. It can also be attributed to global economic conditions, as many commentators predict that the Latin American nations
and insurance industries will be better able to weather the global economic crisis than many of the major ... client base in the country that
is largely isolated economically from the majority of the population. As a result, he believes, existing insureds are able to withstand economic pressures and are unlikely to
cancel policies even when money becomes tight for much ...
2 Apr 12:49 pm
... out to make a buck. Although a dozen car insurance companies did cap - and our no-fault insurance
attorneys give kudos to them - we are deeply ... Hastings Mutual Insurance Company * Home-Owners Insurance Company * Horace Mann Insurance Company * Integon National
Insurance Company * Markel American Insurance Company *
MEEMIC ... Granholm said Michigan residents are paying some the highest rates in America for auto insurance they are compelled by law to buy.
Meanwhile, some of these big players are among ...
13 Nov 8:11 am
... 3420(D) American Guar. & Liab. Ins. Co. v. State Natl. Ins. Co., Inc. (1st Dept., decided 11/12/2009) State National Insurance Company ... mediation and settled, without State's participation, for $2.1 million.
American funded the entire settlement and commenced this action to recover State's $1 ... settle the underlying personal injury action, was
untimely as a matter of law, and that the primary insurer's policy exclusion was inapplicable and ambiguous. The court properly found that the primary ...
18 Apr, 2008 12:00 pm
... Options for Consumers Act); H.R. 3200 (National Insurance Act of 2007); H.R. 5611 (To reform the
National Association of Registered Agents and Brokers, and ... New York; Lawrence Mirel, Self Insurance Institute of America; Alastair Shore, American Council of Life Insurance and the American Insurance Association; Thomas Minkler,
Independent ... enacted now. Mr. Mirel stated that, because current providers of catastrophic property insurance are pulling back coverage, the
time to enact H.R. 5792 is now. He ...
18 Sep 9:42 am
... . v. Harvest Petroleum, Inc. Download Moreaux v. State Farm Mutual Automobile Ins. Co. Download National Fire Ins. Co. of Hartford v.
Starbro Construction Corp. Download Nationwide Mutual Insurance Company v. Mortensen Download Obermeier v. Robert Toonen and SSAPTS, Inc., et
al ... v. Williams Download Plum Creek Marketing, Inc. v. American Economy Insurance Company Download
S&K Motors, Inc. v. Harco National Insurance Company Download Schluter Systems v. Central Mutual
...
30 Jul, 2008 7:34 am
... decisions yesterday in the same case involving late notice of occurrence/suit to an excess insurer. Lydia Cicero sued Western Beef, Inc., for serious injuries she suffered
... dated May 27, 1999, and disclose "the existence and contents of any insurance agreement as described in CPLR § 3101(f)." On January 21,
2000, defense counsel ... notice given by them shortly after they learned of the excess coverage and American National's identity was timely as to them. The decision does not indicate what evidence ...
25 Oct 12:54 pm
... makes sound financial sense. Common Misconceptions Most elderly people, when asked by the American Association of Retired Persons how they
would pay for long-term care, responded ... financial burden. But private insurance can help. Most long-term care policies cover the cost of
skilled, intermediate or custodial care. Almost all pay ... and ask for the " Shopper's Guide to Long-Term Care Insurance." Another source is
the National Insurance Consumer Helpline, (800) 942-4242, which provides information ...
31 Mar 12:49 pm
... some of the highest insurance rates in America, and these big players are among the most profitable in the entire nation. Now
Michigan drivers, amid a worsening economy, must be prepared to pay more for their auto insurance protections. ... Company of Florida, *
American International South Insurance Company, * American
Reliable Insurance, * Electric Insurance Company, * Essentia Insurance Company, * Great Lakes Casualty Insurance Company, * IDS Property Casualty Insurance Company, * Liberty Mutual ...
7 May 1:47 am
... Brazil, Spain, the Dominican Republic, Venezuela and Costa Rica. Venezuela: Jose Manuel Gonzalez, the president of the national association
of Venezuelan auto repair shops (Canatame) has reportedly stated that the organization opposes the proposed new Venezuelan ... would be interested in learning more about the Brazilian,
Chilean, Costa Rican, Venezuelan or other Latin American (re)insurance markets and/or regulatory
environments, please click the "Email the Editor" button and provide your contact ...
30 Jun, 2007 12:16 am
How many Canadians would prefer having an American-style private medical insurance system, rather
than our own, national system of univeral health care? Personally, I've never met one.With this question in ... system that is for the most
part a godsend, requiring real attention and increased funding. This shortcoming is rightly a preoccupation in our national, political debate,
and must be rectified. The notion that ours is a "disasterous model", however, is pure spin. Public health care, flaws and ...
14 Jan 3:31 am
... click here. Venezuela was noted because, despite and indeed in part because of the interventionist activities of the Chavez government, the nation can offer higher premiums
for companies willing to take the risks inherent in operating in a jurisdiction noted for its anti-foreign ... and earthquakes. For further discussion regarding Mexico, please click
here. One Latin American nation not mentioned by Insurance Day that we believe certainly
merits consideration is Costa Rica. Although the move has ...
8 Jul, 2007 10:56 am
... cross. As we very recently reported, a federal judge in Hawaii dismissed a class action suit against Midland National Insurance saying that, because different sales pitches were used by different salespersons, the claims by elderly Hawaiians ... of abusive methods taught at
any seminar they endorsed and otherwise distanced themselves from such tactics. The North American Securities Administrators Association, an
association of state regulators, reports that over one-third of all cases of financial ...
11 Jun 1:24 am
... the meeting to join President Obama in Egypt. Mexico: The Mexican Association of Insurance Institutions recently announced that its
proposed modifications to the nation's insurance laws are nearly ready and will soon be submitted for legislative consideration. ... be
interested in learning more about the Argentinean, Chilean, Mexican, Nicaraguan, Venezuelan and/or other Latin American (re)insurance markets and/or regulatory environments, please click the "Email the Editor" button and provide your ...
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