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3 Jun 2024, 1:11 pm
Insurance policies can be complex documents, and insurance companies may try to misinterpret or misrepresent policy language to deny coverage or limit payouts. [read post]
3 Jun 2024, 11:43 am by Jeffrey Bohn
” The Bulletin further reminds insurance producers that Massachusetts law[2] also prohibits any “special favor or advantage” to accrue to an such producer that is not specified in the policy. [read post]
3 Jun 2024, 10:00 am by Ortiz Law Firm
Most states require the inclusion of such clauses in insurance policies. [read post]
3 Jun 2024, 10:00 am by Comitz Stanley
If an insurance company decides that they have overpaid a claim, policy language often allows them to recoup this benefit amount from an insured. [read post]
3 Jun 2024, 9:32 am by Richard Reibstein Esq.
That state allows an independent contractor to elect ‎coverage under the contractor’s own workers’ compensation ‎policy. [read post]
3 Jun 2024, 8:26 am
Quota share reinsurance indemnifies the ceding insurer for a fixed percentage of loss for all of its policies that are of a specified type. [read post]
3 Jun 2024, 8:17 am by NP Analytics
Car Insurance Policy Limits What happens when a car accident claim exceeds insurance limits? [read post]
3 Jun 2024, 8:01 am by Second Circuit Civil Rights Blog
After the country endured another mass shooting -- this one in Parkland, Florida, which killed 17 students and staff members -- the Superintendent of the New York Department of Financial Services -- which regulates insurance companies and financial services companies -- sent a letter to organizations that administered insurance policies to National Rifle Association members. [read post]
2 Jun 2024, 5:08 am by Kevin LaCroix
Insys submitted the derivative lawsuit to its D&O insurer as a claim under the policy. [read post]
1 Jun 2024, 9:05 pm by Melissa Bredbenner
One of the key issues which arose in the insurance sector was whether or not the contractual terms of insurance policies covered business interruptions which were caused by the pandemic. [read post]
1 Jun 2024, 6:08 am by Mark S. Humphreys
A vacancy exclusion is common in most policies insuring structures unless it is a type of policy that specifically provides that type of coverage. [read post]
1 Jun 2024, 6:00 am by Lawrence Solum
However, fixing PTAR should be paired with policies to mitigate its downsides and enhance its upsides. [read post]
31 May 2024, 2:08 pm by Ben Sperry
One problem, however, is that Carry Guard is not a legal-services insurance policy. [read post]
31 May 2024, 11:27 am by Jeffrey Bohn
” Finally, the Letter states if a “tool or service exceeds $25 in market value, then it must be specified in the insurance policy, have a legitimate nexus to the insurance, and be necessarily or properly incidental to the insurer’s insurance business. [read post]
31 May 2024, 10:28 am
They may use various tactics, such as:Challenging Medical Evidence: They might argue that your medical evidence is insufficient or not convincing enough to support your claim.Misinterpreting Policy Terms: Insurers can interpret the terms and conditions of your policy in a way that favors them, leading to unjust denials.Delaying Claims: By dragging out the process, they hope claimants will give up out of frustration or financial necessity. [read post]
31 May 2024, 9:44 am by Anthony P. Guettler
  It is important to note that retirement accounts, qualified plans, IRD items, and life insurance will not benefit from the Double Step-Up. [read post]
31 May 2024, 8:57 am by AccelerateEditor
What Insurance Can Offer in Such Scenarios Car insurance policies typically treat pets as the owner’s property, but the extent of coverage can vary significantly. [read post]