Search for: "Consolidated Insurance Company" Results 161 - 180 of 1,677
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8 Dec 2022, 7:29 am by Scott A. Coleman
  The ILCs subject to this FDIC authority would include ILCs approved for deposit insurance on or before September 23, 2021.In December 2020, the FDIC issued a final rule setting forth the conditions it will impose and the commitments it will require to approve a deposit insurance application from an industrial bank or ILC whose parent company is not subject to consolidated supervision by the Federal Reserve Board. [read post]
27 Jul 2013, 2:59 pm
States like California, Colorado and Maryland have attracted an assortment of insurers, but states like Maine, for example, could be restricted to a mere two insurance companies to choose from. [read post]
25 Sep 2013, 1:08 am by Kevin LaCroix
FIRREA allows the government to seek recoveries for violations “affecting federally insured financial institutions. [read post]
27 Jun 2007, 1:27 pm
The Supreme Court applied this provision in two consolidated cases, one involving a GEICO company and the other involving a Safeco company. [read post]
27 Sep 2012, 12:02 pm
The estate of a sheriff’s deputy killed in a police vehicle sued the software developer, and the developer’s insurance company filed a declaratory judgment action to establish its obligations to its insured. [read post]
11 Apr 2012, 2:21 am by Kevin LaCroix
Among the many lawsuits were a number of securities class action lawsuits, which have now been consolidated. [read post]
2 Jan 2010, 6:50 pm by structuredsettlements
The following structured annuity issuers made the 2009 Life Health Ward's 50®  Top Performing Insurance companies: Metropolitan Life Insurance Company New York LIfe Insurance Company Symetra Life Insurance Company USAA Life Insurance Company (writes structures for its own book) Each year Ward Group analyzes the financial performance of over 3,100 property-casualty… [read post]
29 Nov 2021, 11:53 am by Kevin LaCroix
The larger M&A-related claim retention quickly became pretty much a standard feature of public company D&O insurance policies. [read post]
1 Aug 2010, 5:10 am by Daniel E. Cummins
Another factor noted is the avoidance of piecemeal litigation with the possibility of inconsistent verdicts.These post- Koken claims arising out of a single accident have been allowed to stay together under the permissive joinder of actions provision found in the Pennsylvania Rules of Civil Procedure at Rule 2229 or, in the alternative, under Rule 213(a) which allows for the consolidation of actions arising out of the same occurrence.The judges in favor of consolidation seem… [read post]
23 Jan 2022, 5:38 am by Kevin LaCroix
According to the statements of a company spokesperson, the “vast majority” of the settlement amount will be funded by the company’s D&O insurers. [read post]
6 Aug 2007, 7:01 am
District Court ruling that insurance companies had to pay its policyholders' Katrina-related claims. [read post]
8 Dec 2010, 10:56 am by Julie Lam
  At issue in this consolidated appeal is the Accident Fund’s acquisition of three insurance companies from 2005 to 2007, as well as BCBSM’s $125 million contribution to the Accident Fund in 2007. [read post]
4 Apr 2012, 7:42 am by Mark S. Nelson
Alternatively, a company is “primarily engaged in financial activities” if its consolidated assets and those of its subsidiaries related to activities that are financial in nature (as defined in section 4(k) of the Bank Holding Company Act of 1956) and, if applicable, related to the ownership or control of one or more insured depository institutions, represent 85 percent or more of the company’s consolidated assets.Subpart B… [read post]
21 Nov 2011, 12:49 am by Kevin LaCroix
The suits were later consolidated and ultimately settled. [read post]
7 Nov 2013, 2:03 pm by Daniel E. Cummins
(denying insurance company’s motion to consolidate a case seeking only UM benefits with a case brought by another plaintiff against the plaintiff in the first action, seeking only tort damages). [read post]
20 Jul 2022, 3:00 am by John Jenkins
The decision arose from the consolidated appeals of six businesses that reported losses as a result of the EOs and sued their insurance companies, alleging they improperly refused to cover the plaintiffs’ insurance claims for business losses sustained due to the issuance of the EOs. [read post]
5 May 2022, 6:38 am by Robert Kraft
Insurance companies conduct extensive research on each candidate to ensure that the information they have provided is correct. [read post]