Search for: "Hartford Casualty Insurance Company" Results 81 - 100 of 158
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5 Aug 2007, 5:35 am
The excess insurer in this case, National Surety Corporation, argues that the primary insurer, Hartford Casualty Insurance Company, acted in bad faith by failing to settle a tort claim against their mutual insured, Sufix U.S.A., and thereby exposed Sufix to excess liability.1 National Surety seeks to step into Sufix's shoes, pursuant to the doctrine of equitable subrogation, to assert this bad-faith claim. [read post]
7 Sep 2012, 11:01 am by admin
Highest-Ever Profits Property-casualty insurers, which cover damage to homes and cars, reported their highest-ever profit of $73 billion last year, up 49 percent from $49 billion in 2005, according to Highline Data LLC, a Cambridge, Massachusetts-based firm that compiles insurance industry data. [read post]
6 Apr 2020, 5:00 am by Larry Cook
At the federal level, a bipartisan group of members of the US House of Representatives sent an initial letter on March 18, 2020 to national insurance company and insurance agent/broker associations, including the American Property Casualty Insurance Association, the National Association of Mutual Insurance Companies, the Council of Insurance Agents and Brokers, and the Independent Insurance Agents and Brokers of… [read post]
16 Nov 2007, 12:27 am
By Ed Leefeldt NEW YORK (Reuters) - Insurers who protect top officials of companies that made subprime loans could face up to $3 billion in losses as angry investors sue those financial companies, according to two insurance brokers. [read post]
10 Nov 2011, 11:31 am by Mark S. Humphreys
Most people have no idea they are beneficiaries of credit-based insurance scoring.The insurance company, Nationwide, states that studies show incorporating a credit-baased score and credit history allows the company to better predict insurance losses. [read post]
16 Jan 2008, 1:47 am
  In billing its reinsurers for a portion of the settlement with MacArthur, Hartford presented the claim as arising “from the insured’s alleged handling, distribution and/or sale of asbestos containing products” and therefore falling within the ambit of the “common cause” provision. [read post]
16 Feb 2009, 12:36 pm
PCA’s insurer, Hartford Casualty Insurance, has filed a lawsuit in an effort to limit its liability. [read post]
23 Aug 2010, 4:15 am by Maxwell Kennerly
The plaintiffs alleged a massive, "global" conspiracy among the major insurance companies and insurance brokers to artificially allocate customers and rig prices for commercial insurance: Plaintiffs are purchasers of commercial and employee benefit insurance, and defendants are insurers and insurance brokers that deal in those lines of insurance. [read post]
22 Feb 2009, 6:21 am
Additionally, and more troubling from a victim's standpoint, is a separate lawsuit filed by the liability insurance company for The Peanut Corporation of America (The Hartford Casualty Company) in which the insurance company is seeking to be relieved of any obligation to provide coverage for the acts and omissions at issue allegedly because the insured company committed criminal acts thereby allegedly voiding the… [read post]
7 Dec 2011, 2:00 am by Steve Lombardi
Southern California Edison Stanford University Towers Perin United Parcel Service Universal SmartComp The Walt Disney Company Insurers  ACE-USA Bituminous Casualty Corporation California State Compensation Insurance Fund (SCIF) Chartis Insurance Chubb & Son, a division of Federal Insurance Company Employers Mutual Casualty Company The Hartford Insurance Group Kentucky Employers'… [read post]
30 Nov 2012, 6:40 am
This afternoon New York Governor Andrew Cuomo announced four new measures or actions being taken in New York purportedly to expedite and in response to Sandy-related insurance claims:today's issuance by the New York Department of Financial Services of an emergency amendment to New York Insurance Regulation 64 (11 NYCRR Part 216) reducing from 15 business days to 6 business days the time for insurers "to commence" an investigation of certain types of claims… [read post]