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10 Sep 2023, 3:00 am
Isn’t this the same venue issue we complain about insurance companies placing in their contracts? [read post]
7 Sep 2023, 9:01 pm
The LTD Proposal would encompass approximately 18 larger and midsized depository institution holding companies and their subsidiary insured depository institutions (ranging from traditional regional banking organizations to credit card and other niche organizations), one US intermediate holding company (“IHC”) of a foreign banking organization, and seven or eight other US banking organizations. [read post]
7 Sep 2023, 3:00 am
Another case in point is a deposition I recently took from a State Farm property claims manager. [read post]
5 Sep 2023, 9:01 pm
ENDNOTE [1] The Federal Deposit Insurance Corporation (the FDIC), the Board of Governors of the Federal Reserve System (the Federal Reserve), and the Office of the Comptroller of the Currency (the OCC). [read post]
4 Sep 2023, 5:44 am
The failures of the three large banks in the spring arose from a combination of the impact of rising interest rates on the valuation of bank bond portfolios; large uninsured deposits; liquidity concerns arising as uninsured deposits fled; and industry concentration, among other things. [read post]
24 Aug 2023, 11:18 am
Following two high profile plane crashes involving the Boeing Max 737, the defendants settled the derivative litigation for a cash payment to the company of $237.5 million, which was fully funded by insurance. [read post]
24 Aug 2023, 1:00 am
This period will also include depositions of the witnesses. [read post]
24 Aug 2023, 1:00 am
This period will also include depositions of the witnesses. [read post]
16 Aug 2023, 12:49 pm
The Insurance Company Processes The Release At this stage, the insurance company for the paying party (the defendant) will likely receive the signed release documents and any other relevant forms. [read post]
16 Aug 2023, 12:20 pm
A surety bond must be furnished by paying a premium to a surety company for signing his or her bond. [read post]
9 Aug 2023, 9:01 pm
Adriana Kugler to be a governor on the Federal Reserve Board. [read post]
9 Aug 2023, 3:00 am
’ My first thought while reading this in a federal court order which any lawyer, insurance regulator, or newspaper reporter can research and disseminate, was, “Why didn’t the lawyers for State Automobile Mutual Insurance Company pay the claim and resolve the bad faith allegations? [read post]
4 Aug 2023, 12:30 pm
Insurance bar: [Endless screaming.] [read post]
4 Aug 2023, 10:14 am
Insurance policy. [read post]
3 Aug 2023, 9:10 am
Upon completion, your lawyer can submit a settlement demand package to the insurance company adjuster handling your claim. [read post]
2 Aug 2023, 12:09 pm
When the buyer and seller reach an agreement on the terms of the transaction, they open an escrow account with an escrow agent or company. [read post]
2 Aug 2023, 3:00 am
Every once in a while, Colorado federal district court judges decide to provide more clarity on legal defenses asserted by insurers. [read post]
31 Jul 2023, 9:49 am
Step 3: Deposit of Funds and Documents The buyer submits their earnest money deposit into the escrow account. [read post]
19 Jul 2023, 7:42 am
Appeal” — “The Federal Deposit Insurance Corp. asked a Louisiana federal judge to wait for a Fifth Circuit decision before disqualifying its attorneys from a $125 million bank fraud case against the accounting firm EY, saying it believes its chances of having the decision overturned are strong. [read post]
16 Jul 2023, 10:41 pm
Inter Sources, Inc., State Farm Fire and Casualty Company, Defendants, 2023 Cal. [read post]