Search for: "Ability Reinsurance Limited"
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7 Jun 2010, 12:39 pm
But there is no limitation on deduction just because a US company uses a foreign reinsurer. [read post]
18 Feb 2019, 2:42 pm
The good news is that unless your InsurTech has the ability to force a carrier to actually issue a policy (in insurance parlance “bind coverage”), you likely won’t need an insurance-related license to run your Underwriting-focused business. [read post]
9 Mar 2011, 7:13 am
Diversification - Cedents are also required to notify the Superintendent within 30 days after ceding an amount that is more than 20% of its total gross written premium in the prior calendar year to any reinsurer, group of reinsurers, or group of affiliated reinsurers, or after the cedent has determined that a single cession is likely to exceed this limit. [read post]
16 Jul 2018, 8:32 am
The board further ruled that the reinsurer must act as a guarantee of a self-insured employer’s ability to pay benefits, and found the retention limit was void, as it conflicted with the reinsurer’s statutory obligation to provide benefits to the employee. [read post]
16 Jul 2018, 8:32 am
The board further ruled that the reinsurer must act as a guarantee of a self-insured employer’s ability to pay benefits, and found the retention limit was void, as it conflicted with the reinsurer’s statutory obligation to provide benefits to the employee. [read post]
29 Aug 2007, 10:14 am
rul[ed] that California law authorizing limited discovery of a defendant’s insurance coverage does not authorize pretrial discovery of reinsurance agreements with a “nonparty” liability insurer. [read post]
5 Sep 2017, 11:25 am
Usually, the reinsured has the ability to choose the start time for the applicable hours period. [read post]
15 Sep 2015, 5:37 am
Highly valued for her rare ability to find pragmatic client-centric solutions by combining her detailed legal and operational knowledge and experience with her talent for creative problem-solving, Ms. [read post]
28 Apr 2009, 4:09 am
However, potential reforms to the Fund’s TICL could boost demand for increased limits of indemnity from the private reinsurance market. [read post]
4 Nov 2010, 8:07 am
The first tier consisted of primary policies (the “AL policies”) that were captively reinsured by the insured’s subsidiary and also subject to retrospective premiums whereby Travelers was reimbursed up to a particular policy’s loss limit for any payments it made. [read post]
11 Oct 2016, 11:02 am
It means that if anyone wants to affect the CFPB's ability to function it has to be done out in the open. [read post]
12 Jun 2012, 1:18 am
We also now have the ability to level the playing field for foreign reinsurers and that could result in lower costs to consumers in the long run. [read post]
8 Sep 2016, 7:01 am
Here, the employer was required to have reinsurance to further guarantee their ability to pay benefits to injured employees. [read post]
8 Sep 2016, 7:01 am
Here, the employer was required to have reinsurance to further guarantee their ability to pay benefits to injured employees. [read post]
8 Sep 2016, 7:01 am
Here, the employer was required to have reinsurance to further guarantee their ability to pay benefits to injured employees. [read post]
29 Jan 2020, 9:26 am
Nonadmitted and Reinsurance Reform Act While technically a part of the Dodd-Frank Act, the Nonadmitted and Reinsurance Reform Act, which came into effect on July 21, 2011, stands on its own and revolutionized the surplus lines and nonadmitted insurance markets. [read post]
2 Mar 2022, 8:48 am
The post New York Clarifies Provisions Allowing for Policies Under One Year appeared first on Insurance & Reinsurance. [read post]
3 Oct 2022, 8:10 am
Some other domiciliary jurisdictions have been known to impose strict gross premiums written to policyholders’ surplus ratio limitations on DSLIs as well. [read post]
15 Jan 2009, 6:17 am
The INS representative also reportedly commented that, although the INS has always been aware of illegal insurance sales activity, difficulties in making complaints and minor penalties provided no incentive to report such activities under the prior laws.In this regard, it should be noted that, while the old law was essentially a non-solicitation statute, the new law’s definition of “insurance activities” that non-registered insurers and reinsurers… [read post]
11 Dec 2022, 1:34 pm
Limits the ability for homeowners to receive statutory attorney fees from insurance companies even when an insurance company has been found to have treated a policyholder unfairly by denying, delaying, or underpaying their claim. [read post]
