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14 Oct, 2008 2:45 pm by structuredsettlements
... some of its many companies. Despite the anticipated sell off one AIG core component, AIG Commercial Insurance, is expected to remain sizable. To put things in perspective Its worldwide property and casualty businesses generated $40 billion in ... Assurance Company**, Commerce and Industry, Granite State, Illinois National, National Union Fire Insurance Company of Pittsburgh, PA**, New Hampshire Insurance, The Insurance Company of the State of Pennsylvania, AIG Excess Liability Insurance, American ...
Tags: AIG
Structured Settlements 4Real - http://structuredsettlements.typepad.com/structured_settlements_4r/
17 Aug, 2008 9:13 pm by structuredsettlements
... have maintained a Best's Financial Strength rating of A (Excellent) or better for at a least 75 years. A number of these companies issue structured settlment annuity policies, or are former issuers of structured settlement annuites. 75 years of AM ... American Home Assurance Company (one of AIG structured settlements qualified assignee) National Union Fire Insurance Company of Pittsburgh, PA (one of AIG structured settlements qualified assignee) Hartford Life Insurance Company Canada Life Assurance ...
Structured Settlements 4Real - http://structuredsettlements.typepad.com/structured_settlements_4r/
5 Jun 4:16 pm by structuredsettlements
... 2009. The change is primarily relevant to New York structured settlements. Structured settlements funded with annuities issued by American International Assurance Company of New York (AI Life) that are in force or are pending but locked in or funded prior to July 1, 2009, will not change and will remain with National Union Fire Insurance Company of Pittsburgh, PA (for old AIG or AIU Holdings claims where the insurer was American Home Assurance Company) ...
Structured Settlements 4Real - http://structuredsettlements.typepad.com/structured_settlements_4r/
30 Mar, 2007 8:08 am by Blog Editors
... carrier of any possible "claim." The trigger of claims made coverage is the date on which the insured is presented with a claim, not the date of the wrongdoing. Some policies define a "claim" as an administrative ... Casualty, 946 F. 2d 1401 (8th Cir. 1991); National Union Fire Ins. Companies of Pittsburgh, Pa. v. Bowen, 787 F. Supp. 1424 (S ... Mo. 1989). However, the point is not free from issue or argument, and frequently the insurers will argue for an allocation (e.g. 50/50) based upon covered versus ...
IDR Mediation Blog - http://coveragemediation.blogspot.com/index.html
2 Sep 7:36 am
... ("MD&A") performed repairs on a generator at a power plant owned by the Arizona Public Service Company ("APS"). Thereafter, the generator failed and was out of service for 111 days, resulting in a ... , which ultimately settled for $8.5 million. Other insurance companies, including plaintiff National Union Fire Ins. Co. of Pittsburgh, PA and defendant Continental Casualty Company, ... National Union Fire Ins. Co. of Pittsburgh, PA, et al. v. Continental Cas. Co., No. 07-cv-11073 (S.D.N.Y. July 27, ...
InsureReinsure.Com: The Insurance & Reinsurance Blog - http://www.insurereinsure.com/
9 Jun, 2008 7:56 pm
... seeking a declaration that a non-competition clause was void and that the former president of Vansteen was entitled to damages from the company. Following a grant of summary judgment on the defamation and libel issues, ... have been recoverable. See Adobe Systems Inc. v. St. Paul Fire and Marine Ins. Co., No. C 07-00385 JSW, 2007 WL ... persuasive the reasoning in IBP, Inc. v. National Union Fire Ins. Co. of Pittsburgh, PA, which held that even though an insured initiates a lawsuit, that fact does not ...
Gauntlett on Insurance - http://www.gauntlettoninsurance.com/
20 Aug 6:51 am
... 31 NY2d 436, 441; Morris Park Contr. Corp. v National Union Fire Ins. Co. of Pittsburgh, Pa., 33 AD3d 763, 764-765). In determining whether notice ... excuse for his nearly one-year delay in notifying his insurer, the petitioner, Progressive Northeastern Insurance Company (hereinafter Progressive). McBride submitted evidence that his counsel ... delayed notice of SUM claim. Remember that under Chapter 388 of the Laws of 2008, Insurance Law § 3420(d) was amended to add this new subparagraph (1): (d)(1)( ...
Coverage Counsel - http://nycoveragecounsel.blogspot.com/
18 Jun 5:19 pm by Kristina Moore
... Brief amici curiae of Individual Rights Foundation (in support of petitioners) Brief amicus curiae of American Civil Rights Union (in support of petitioners) Brief amicus curiae of The American Legion (in support of petitioners) Brief amici curiae of Alliance Defense ... Petition for certiorari Brief in opposition Petitioner's reply Brief amicus curiae of National Union Fire Insurance Company of Pittsburgh, PA (in support of petitioner) Brief amici curiae of Michigan, et al.(in support of petitioner ...
SCOTUSblog - http://www.scotusblog.com/wp/
5 Feb, 2007 6:25 pm by Scott Deatherage
... disclosure. In the Sixth Circuit case, Owens Corning v. National Union Fire Insurance Co. of Pittsburgh, PA., No. 97-3367, 1998 WL 774109 (6th Cir. ... the alleged wrongdoing for the financial disclosure claim to be deemed to arise out of the asbestos activity of the company. The court ruled that it was the misrepresentations-and not the asbestos products-that were the cause of the harm ... Co. Pittsburgh, P.A. v. U.S. Liquids, Inc, 2004 U.S. App. LEXIS 2694 (5th Cir. Feb. 17, 2004), the Fifth Circuit ...
Law and the Environment - http://lawandenvironment.typepad.com/law_and_the_environment/
9 Oct, 2008 3:47 pm
... 's recent decision in New Fed Mortgage Corporation v. National Union Fire Insurance Company of Pittsburgh, PA, 2008 U.S. App. LEXIS 20695 (1st Cir. ... …". New Fed responded with an argument that in order to rely on the fraud exclusion, the insurer must first prove that the insured intended to harm the injured party. The First Circuit rejected this argument, ... conclusion: New Fed's claim fit squarely within the fraud and dishonesty exclusion, so the insurer had no duty to defend or indemnify New Fed.
National Insurance Law Forum - http://www.insurancelawforum.com/
23 Mar 7:34 am by structuredsettlements
... requirements of Internal Revenue Code (IRC) § 130. In a structured settlement agreement the original obligor (the defendant, insurance carrier for the defendant, or the trustee of a qualified settlement fund, assigns its obligation to make the future periodic payments called ... Assurance Company of New York (American Home Assurance Company or National Union Fire Insurance Company of Pittsburgh, PA) are insurance companies. The qualified assignees of Pacific Life and Annuity Company, Allstate Life ...
Structured Settlements 4Real - http://structuredsettlements.typepad.com/structured_settlements_4r/
27 Oct, 2007 5:36 pm by structuredsettlements
... (BUT DIDN'T) was extend her research by interviewing structured settlement professionals, settlement planner or a factoring company representative to learn of examples that the "squandering plaintiff" is not hyperbole. Koenig's statement about the origins of structured ... ) and in two other cases it is a property and casualty insurer (American Home Assurance Company and National Union Fire Insurance Company of Pittsburgh, PA). Even in the case of NYLIAC, the qualified assignee assumes the liability ...
Structured Settlements 4Real - http://structuredsettlements.typepad.com/structured_settlements_4r/
11 Jul 12:15 pm by structuredsettlements
... mean you should throw caution into the wind but it does show that these companies have weathered a variety of different storms during the time period in the opinion of A.M. ... . Maintained Rating of A (Excellent) or better for 75 or more years National Union Fire Insurance Company of Pittsburgh, PA, since 1934, (now part of AIU Holdings, Inc. ... for cases resolved though June 30, 2009). Aviva Life and Annuity Company (former structured annuity issuer-includes predecessors), since 1929 Genworth Life ( ...
Structured Settlements 4Real - http://structuredsettlements.typepad.com/structured_settlements_4r/
29 Feb, 2008 5:06 am
... how it handled similar computer hacking claims with other policyholders. Retail Ventures, Inc. v. National Union Fire Insurance Company of Pittsburgh, PA, No. 06-443 (November 8, 2007). According to the decision, the insured, a ... , stating that the risk of exposing the privileged information of other policyholders was too high. The Court also agreed with the insurer that its own security breach was irrelevant to the issues of the retailer's case. However, the judge did require that the insurer ...
InsureReinsure.Com: The Insurance & Reinsurance Blog - http://www.insurereinsure.com/
25 Jun 1:13 am
... 'Zone of Danger' Peguero v. L&M Bus Corp. NASSAU COUNTY Insurance Law Circumstantial Evidence Supports Elements of Arson;l Restaurant Owner Denied Summary Judgment Chez Monique Restaurant Inc. v. Charter Oak Fire Ins. Co. NASSAU COUNTY Criminal Practice Informations Charging Drug Possession, Child Endangerment ... Insurance Program Responsibility; Court Confirms Arbitration Award National Union Fire Insurance Company of Pittsburgh, PA v. Excel Staffing Servcies Inc. U.S. DISTRICT COURT ...
New York Supreme Court Criminal Term Library Blog - http://www.bloglines.com/blog/PLL
3 Oct, 2008 2:59 pm
... of its employees in the loan origination process. New Federal Mortgage v. National Union Fire Insurance Company of Pittsburgh, PA, No. 07-2762 (Sept. 28, 2008). This case could foreshadow how other courts ... ;O policy excludes from coverage "any Claim . . . alleging fraud, dishonesty, or criminal acts or omissions . . . on the part of the Insured." . . . . Whether the policy provides coverage is determined by comparing the allegations in the underlying claim . . . with the policy provisions . . . . ...
InsureReinsure.Com: The Insurance & Reinsurance Blog - http://www.insurereinsure.com/
11 Jun, 2008 7:28 am by Roy A. Mura
COMMERCIAL AUTO - PERMISSIVE USE - COINSURANCE - CONTRIBUTION AMONG COINSURERS - NOTICE TO EXCESS INSURER - "SAVINGS CLAUSE" National Union Fire Ins. Co. of Pittsburgh, PA v. Connecticut Indem. Co. (1st Dept., decided 6/10/2008) ... policies' respective "other insurance" provisions. National Union and Federal provided umbrella coverage. The terms of these policies indicated that they were excess to the excess coverage that Connecticut Indemnity Company and US Fire provided. Connecticut apparently ...
Coverage Counsel - http://nycoveragecounsel.blogspot.com/
2 Sep, 2008 6:00 pm
... severally according to their respective interests, in the event and to the extent that the Insured or the Company shall not be entitled under the terms and conditions of this policy to payment of such Loss. ... on point, it adopted its reasoning, citing The Trustees of Princeton University v. National Union Fire Ins. Co. of Pittsburgh, Pa., 2008 WL 2277830 (N.Y. App. Div. ... essential to defend a counterclaim. See Adobe Systems, Inc. v. St. Paul Fire & Marine Ins. Co., No. C 07-00385 JSW, 2007 WL ...
Gauntlett on Insurance - http://www.gauntlettoninsurance.com/
2 Sep, 2008 6:00 pm
... severally according to their respective interests, in the event and to the extent that the Insured or the Company shall not be entitled under the terms and conditions of this policy to payment of such Loss. ... on point, it adopted its reasoning, citing The Trustees of Princeton University v. National Union Fire Ins. Co. of Pittsburgh, Pa., 2008 WL 2277830 (N.Y. App. Div. ... essential to defend a counterclaim. See Adobe Systems, Inc. v. St. Paul Fire & Marine Ins. Co., No. C 07-00385 JSW, 2007 WL ...
Gauntlett on Insurance - http://www.gauntlettoninsurance.com/
31 Jul 2:25 pm
... for defense of claims "clearly precludes" recovery for offensive actions). The court parted company with case law nationally which finds that offensive litigation activity can serve the defensive ... against liability be recoverable as noted in Adobe Systems, Inc. v. St. Paul Fire & Marine Ins. Co., No. C 07-00385 JSW, 2007 WL ... persuasive the reasoning in IBP, Inc. v. National Union Fire Ins. Co. of Pittsburgh, PA, which held that even though an insured initiates a lawsuit, that fact does not ...
Gauntlett on Insurance - http://www.gauntlettoninsurance.com/
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