Search for: "Standard Guaranty Insurance Company"
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16 May 2024, 1:24 pm
Essentially, the exemption allows managers to engage in transactions that would otherwise be prohibited by ERISA related to the ESOP, as long as they meet certain standards related to how the parties conduct valuations of the company’s stock. [read post]
24 Apr 2024, 8:24 am
” If you are involved in a dispute with your business insurance company, contact Schwartz, Conroy & Hack. [read post]
21 Nov 2023, 3:00 am
Licensing of insurance companies, rate regulation, solvency regulation, and guaranty funds are essential to the operation of the market and avoid a protection gap that would arise from insolvent insurers. [read post]
20 Jul 2023, 8:36 am
” “VA’s Home Loan Guaranty program provides valuable assistance to our nation’s veterans when purchasing or repairing their homes, and vendors must adhere to critical quality standards in order to maintain the integrity of the program,” said Special Agent in Charge Christopher F. [read post]
24 Jun 2023, 7:43 am
Finally, SB 96 provides that Louisiana Insurance Guaranty Association and Louisiana Citizens Property Insurance Company are not liable for bad faith penalties under LA R.S. 22:1892 from class action lawsuits and are immune from the penalty for 200% of consequential damages contained in LA R.S. 22:1973. [read post]
15 Jun 2023, 1:23 pm
Authorized insurers writing all lines of business in Texas, except fidelity, guaranty, and surety bonds and crop insurance, are prohibited from using an ESG model, score, factor, or standard to charge a different rate to another business or risk in the same class for essentially the same hazard. [read post]
25 Apr 2023, 5:00 pm
It appears that insurance companies are willing to make competitive bids in 2023 due to the higher interest rates. [read post]
3 Oct 2022, 8:10 am
Similarly, DSLIs are prohibited from writing accident and health coverages, workers’ compensation insurance, financial guaranty insurance as well as a number of other lines of coverage in a multitude of states. [read post]
1 Feb 2022, 4:08 pm
Medicare Part C pays a capitated amount to private health insurance carriers for each patient enrolled in their plans, rather than a payment for each distinct patient admission or service. [read post]
26 May 2021, 2:21 am
On June 8, 2018, Thony sent MMPS a copy of an unmarked and marked up purported title reports purportedly prepared by Fidelity National Title Insurance Company (“Fidelity”) and a purported closing protection letter (id., ¶¶16, 17). [read post]
6 May 2021, 6:18 am
Insurance law — Failure to act in good faith — Common law negligence This case returns to us following our earlier remand to the Circuit Court for Carroll County. [read post]
19 Apr 2021, 9:04 am
As we note below, Maine maintains some of the strictest surplus lines protocols in the country and attention must be acutely given to Maine’s standards when placing surplus lines business in the state. [read post]
1 Dec 2020, 1:55 am
The Remaining Extenders Many of the remaining extenders were originally designed to phase out, often because they were part of temporary bills like the stimulus package in response to the Great Recession.[7] In 2015, Congress made 19 of the more popular (and in some cases, better designed) extenders permanent and left 34 temporary.[8] Since then, Congress has created additional temporary tax policy, including several components of the TCJA, and permanently repealed others, such as the taxes that… [read post]
5 Aug 2020, 6:35 am
Betskoff, appellant, challenges the court’s granting of a motion by Standard Guaranty Insurance Company (“Standard”), appellee, to dismiss the action. [read post]
24 Apr 2020, 2:23 pm
It remains to be seen if the various states attempting to impose retroactive coverage of COVID-19 claims will apply these standards to surplus lines insurers and agree to reimburse them for portions of such claims when such insurers and their policyholders typically do not enjoy state-level guaranty fund protection. [read post]
13 Apr 2020, 12:18 pm
However, they do not require any collateral or personal guaranties from Borrower. [read post]
30 Mar 2020, 2:14 pm
Section 4008 – Debt Guaranty Authority Section 4008 of the CARES Act authorizes the Federal Deposit Insurance Corporation (FDIC) to establish a debt guarantee program to guarantee the debt of solvent insured depository institutions and depository institution holding companies. [read post]
30 Mar 2020, 9:19 am
What are the terms of the loan (initial deferment, repayment term, interest rate, collateral, personal guaranty, bank fees)? [read post]
14 Mar 2020, 9:41 am
New England Guaranty Insurance Company, Inc., 2020 VT 16 By Andrew Delaney Have you ever read an insurance contract? [read post]
10 Feb 2020, 10:55 am
Is policyholder consent required for an insurer to transfer a surplus lines policy to another insurance company? [read post]
