Search for: "Guarantee Insurance Company"
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16 Jan 2023, 11:47 pm
The insurer’s claims under the guarantees amounted to R182 million and the insurer called on one of the group companies, in liquidation, to indemnify it in respect of these claims under their indemnity. [read post]
12 Jul 2011, 9:00 am
Remember, your heirs may have to specifically approach the insurance company with their claim in order to receive any benefits. [read post]
18 Dec 2017, 8:58 am
It is a virtual guarantee. [read post]
16 May 2012, 1:28 am
A company’s D&O insurance policy provides liability protection for the company’s individual directors and officers, but only for their actions undertaken in their capacities as directors and officers. [read post]
30 Mar 2010, 7:11 am
Equity-indexed annuities are complicated insurance products that usually pay a high commission to the sales agent and the insurance company. [read post]
20 Mar 2012, 10:34 am
Directly from the insurance companies. [read post]
24 Jan 2024, 12:46 am
[SMBT (Pty) Ltd v Hollard Insurance Company Ltd & Others High Court Gauteng Division case number 2022-022086 (12 January 2024] [read post]
19 Nov 2019, 9:53 am
Many companies say in their policy form that the current charge is based on these factors. [read post]
30 Oct 2008, 1:26 pm
Bair, the Chairman of the Federal Deposit Insurance Corporation, addressing the International Association of Deposit Insurers (IADI) annual meeting in Washington on October 29, 2008, is said to have stated that such guarantees could be possible IF the insurance industry comes under federal regulation. [read post]
19 Jan 2010, 5:18 pm
Although the insurance company funds losses and bears the lion’s share of the risk, it’s in an insured’s best interests to reduce claim frequency and severity to minimize loss costs. [read post]
17 May 2018, 10:16 am
The Manufacturer’s Life Insurance Company The plaintiff in this claim had purchased a guaranteed renewable life insurance policy in 1982 with a $5 million face value. [read post]
24 Aug 2009, 7:43 am
Be careful how you use the word "guarantee" when expressing structured settlement payments in documents or sales presentations.While a number of people and at least one life insurance company's quoting software continue use the term "guaranteed" in connection with period certain elements of a structured settlement quote, one must consider that lifetime payments ARE "guaranteed", contractually guaranteed by… [read post]
23 Mar 2011, 12:00 am
On 20 January 2011, the China Insurance Regulatory Commission (CIRC) issued a statement banning the country’s insurers, their asset management firms and other affiliates from providing guarantees for other companies’ debt. [read post]
21 Jan 2014, 7:26 am
The Illinois Insurance Guarantee Fund is available to step in when an insurance company fails. [read post]
26 Nov 2006, 11:45 am
The performance of some qualified assignees may be guaranteed in several ways: a wraparound guarantee from the annuity issuer itself (Assignees of Massachussetts Mutual Life, MetLife, New York Life, John Hancock, Allstate Life Insurance Company, Hartford Life, Aviva Life Insurance Company and Aviva Life Insurance Company of New York, Liberty Life a guarantee by a separate related insurance company… [read post]
19 Jan 2011, 2:48 am
In Meritz Fire & Insurance Co Ltd v (1) Jan De Nul NV (2) Codralux SA [2010] EWHC 3362 (Comm), the High Court ruled that advance payment guarantees (APGs) issued by the claimant insurance company to the defendants, guaranteeing the repayment of payments made by the defendants under three shipbuilding contracts (the Contracts), were performance bonds or demand guarantees on which the claimant was liable without regard to the Contracts.The… [read post]
23 Feb 2021, 10:25 am
They may therefore require the builder to provide a refund guarantee (often from a bank or insurance company), so that they can recover these payments if the vessel is not delivered as per the terms of the contract. [read post]
29 Oct 2015, 6:43 am
Unlike other insurance companies in the state, Texas Mutual Insurance Company enjoys an exclusive deal with the Travis County district attorney. [read post]
8 May 2007, 4:02 pm
Having spent the bulk of my working life working for small companies and for myself this argument strikes a chord - ...the lack of fairly priced, guaranteed health insurance is [a drag] on labor mobility and entrepreneurial ... [read post]
14 Jan 2016, 1:19 am
While sometimes the trucking company will step in – like they did here – and do the right thing, it’s not always a guarantee. [read post]
