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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, 12:03 pm
HEALTH LAW AND POLICY 8. [read post]
3 Jun 2024, 11:43 am
” 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
Most states require the inclusion of such clauses in insurance policies. [read post]
3 Jun 2024, 10:00 am
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
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
Car Insurance Policy Limits What happens when a car accident claim exceeds insurance limits? [read post]
3 Jun 2024, 8:01 am
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]
3 Jun 2024, 7:53 am
It all depends on your insurance policy. [read post]
2 Jun 2024, 5:08 am
Insys submitted the derivative lawsuit to its D&O insurer as a claim under the policy. [read post]
1 Jun 2024, 9:05 pm
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
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
However, fixing PTAR should be paired with policies to mitigate its downsides and enhance its upsides. [read post]
1 Jun 2024, 3:40 am
Most of the policies are facing legal challenges. [read post]
31 May 2024, 2:08 pm
One problem, however, is that Carry Guard is not a legal-services insurance policy. [read post]
31 May 2024, 11:27 am
” 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
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
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]