Posts tagged with: "insurance"
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12 May 2013, 3:02 pm by Cynthia Marcotte Stamer
Fiduciaries, administrators, sponsors, advisors, trustees and others with involvement or responsibility for Employee Stock Option Plans (ESOPs) should review these rules and ensure that appropriate steps are taken to update their plan terms and practices to comply with new rules scheduled to be published in the Internal Revenue Bulletin on May 13, 2013 by the Internal Revenue Service on investment diversification. Maintaining legally compliant and defensible arrangements for investing… [read post]
12 May 2013, 11:35 am by admin
We've Moved! Update your Reader Now. This feed has moved to: http://www.langes.com.au/australian_regulatory_compliance/feed/ Update your reader now with this changed subscription address to get your latest updates from us. [read post]
12 May 2013, 11:32 am by David Jacobson
We've Moved! Update your Reader Now. This feed has moved to: http://www.langes.com.au/australian_regulatory_compliance/feed/ Update your reader now with this changed subscription address to get your latest updates from us. [read post]
12 May 2013, 7:56 am by Ira Meislik
So, the lease requires the tenant to carry a policy of “rent insurance” or requires the landlord to carry a policy of “rent insurance” or, worse, requires both of them to do so. What does that policy say and how does it work? Trick question! You won’t find a rent insurance policy. You may find a commercial property insurance endorsement providing coverage for “rental value,” but don’t look for “rent insurance.” While you are at it,… [read post]
12 May 2013, 3:30 am by Guest Blogger
(Note: This guest blog is by Ashley Smith, a third-year law student clerking in our Tampa, Florida, office) A new opinion takes a step in the right direction for Florida policyholders seeking to hold insurance carriers accountable for their conduct in the adjustment of insurance claims. The Second District Court of Appeal’s opinion in Hunt v. State Farm Florida Insurance Company,1 unambiguously states that policyholders can bring bad faith causes of action against their insurance carriers… [read post]
11 May 2013, 7:01 pm by Ed Poll
This issue has arisen in a number of conversations with clients. Why would you engage a contract lawyer?  For one of several reasons: (i) even out the work flow; ii) engage expertise you don’t possess at the moment; (iii)  gain time to observe the quality of work of a potential hire; and (iv) determine if you have enough work in the long term to hire a permanent employee. Once you hire a contract lawyer, whether for a designated number of hours or a specific project, do you know… [read post]
11 May 2013, 6:12 pm by Jeff Blackwell
The U.S. government recently released data detailing and comparing hospital charges. The clear fact revealed by the data -- Charges for specific procedures can vary greatly between hospitals. This comes as no surprise to me. I see hospital bills on a regular basis in my personal injury practice. When asked about this data on hospital charges, Huntsville Hospital's CEO responded: I'm not sure it's really relevant to what Huntsville, Crestwood, or UAB hospitals actually get paid. He's right. The… [read post]
11 May 2013, 10:54 am by structuredsettlements
For those that plan ahead, long term care solutions are available that help to maintain dignity, permits claimants and their families to make choices , helps to protect Savings, Retirement,... This is a content summary only. Please click on the title for the full content, If you find yourself on FAEMM community, back out and type in www. structuredsettlements.typepad.com [read post]
11 May 2013, 10:44 am
May is Lupus Awareness Month, and Los Angeles Social Security Disability Insurance Lawyer Vincent Howard of HOWARD LAW is dedicated to helping to raise awareness about this mysterious and devastating condition, for which there is no known cause or cure. The Mayo Clinic explains that lupus is a type of immune system disease characterized by chronic inflammation. It's basically a condition whereby your immune system attacks your own organs and tissues. It could affect a number of different body… [read post]
11 May 2013, 6:51 am by Stuart A. Carpey
What is a hit and run accident in Pennsylvania? If you have been unfortunate enough to have been involved in an accident like this, what can you do? Can you get compensated for your injuries and damages? The answer is yes, if you have purchased uninsured motorist coverage. To prove an uninsured motorist claim in a hit and run case, you have to prove that the driver that hit you was negligent, and that you sustained actual injuries. There is no requirement that there be actual physical contact… [read post]
11 May 2013, 6:29 am by Mark S. Humphreys
Fort Worth life insurance attorneys need to understand the 1980, Texas Supreme Court case, Life Ins. Co. of the Southwest v. Overstreet. Here is some relevant background information. In February, 1972, Overstreet submitted his application to Southwest to convert a five-year term life policy to a life insurance policy with endowment at age ninety. The earlier policy provided that it would lapse on March 15, 1972. To effect the conversion of the term policy to the policy at issue, Overstreet, on… [read post]
11 May 2013, 6:03 am
Automobile accidents create questions of coverage and liability - the only problem is how to answer those questions. Who is liable? Are you covered? If you are covered, to what extent are you covered? If you are covered, are your passengers covered? The final point is a more complex question to which recent case law has provided guidance for us. In February of 2009, an uninsured motorist crashed into a vehicle owned by Ann Bernard. Ann was the driver and she had two passengers with her, Andrea… [read post]
10 May 2013, 6:07 pm by Elijah Yip
Cyberbullying. Employer social media password requests. Crowdfunding. Those were some of the hot tech topics that the Hawai‘i State Legislature grappled with this session.  (See my post on Internet related legislative proposals in the 2013 session).    The bills addressing those topics didn’t pass, however.  In fact, none of the bills listed in my chart of Internet Related Legislative Proposals survived.  The closest to passing, perhaps, were two bills… [read post]
10 May 2013, 2:25 pm by Paul Karlsgodt
An article posted by my colleagues Judy Selby and Zack Rosenberg in the BakerHostetler Class Action Lawsuit Defense Blog raises some important issues for any company that could find itself the target of a class action lawsuit.  With the proliferation of data privacy and other consumer class actions, that’s just about any company these days.  The article, titled Courts Are Liberally Construing Litigation Insurance Coverage for Class Action Defenses and So Should Defendants, addresses… [read post]
10 May 2013, 11:28 am by Samuel Sorich
By Samuel Sorich and Larry Golub On May 8, 2013, the California Supreme Court convened to hear oral argument in Zhang v. Superior Court. The case presents the issue of whether conduct of an insurer, which is related to conduct that would violate California’s Unfair Insurance Practices Act, Insurance Code, §790.03(h) et seq. (UIPA), can be the basis for a private civil cause of action against the insurer under California’s Unfair Competition Law, Business & Professions Code,… [read post]
10 May 2013, 11:28 am by steinlaw
Question: I was involved in a car accident. I am still treating and the adjuster told me that he is going to close my claim. Why? Answer: Sadly, the answer is "because they can." The insurance company can open a... [read post]
10 May 2013, 9:24 am by Alan S. Kaplinsky
Alan S. KaplinskyThe CFPB has issued a proposal to temporarily delay the June 1, 2013 effective date of the Regulation Z prohibition on financing credit insurance premiums (Section 1026.36(i)).  The proposal responds to concerns raised by industry about the CFPB’s interpretation that the prohibition would apply to level premiums (meaning premiums that remain the same amount each month, are paid in full each month and are not financed).  The prohibition was one of the… [read post]
10 May 2013, 9:03 am by jason
Many times the insurance companies will try and make a relatively low offer on your car. It’s important to know that you don’t have to accept the offer. And, just because they say, “Oh, gee – this is what our appraiser says,” doesn’t mean that their appraiser is right. And we’re happy to help with that. If we’re representing you in your injury case and they’re not being fair with you on the property damage aspect of the case, we will step in at… [read post]
10 May 2013, 8:40 am by Hovsep Afarian
By Hovsep Afarian When will a contractual provision purporting to shorten a statutory limitation period be effective?  The Ontario Court of Appeal addressed this issue in its recent decision in Boyce v. The Co-Operators Insurance Company, 2013 ONCA 298. The facts of the Boyce are straightforward.  The owners of a fashion boutique suffered loss as a result of a foul odour in their business premises on October 20, 2010.  They sued their insurer in February 2012 – more than a year… [read post]
10 May 2013, 8:31 am
Employees in Chicago, and all over Illinois, are starting to become more aware of a state law ban on discretionary clauses in various insurance policies that fund their employee benefit plans, such as long-term disability, health insurance, and life and accidental death insurance. In 2005, the Illinois Department of Insurance enacted 50 Ill. Adm. Code § 2001.3, which bans insurers offering or issuing long term disability, health, or life or accidental death insurance policies in Illinois from… [read post]