Search for: "Financial Indemnity Company"
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25 Feb 2019, 12:53 pm
While this makes logical sense (given that they are issued to a specific company based on that company’s financials, management and business plan), oftentimes an insurance company’s licenses are by far what makes that company valuable. [read post]
6 Feb 2019, 11:50 am
Most typical payments relate to misstated financials, tax obligations, legal compliance or contents of material contracts. [read post]
6 Feb 2019, 11:50 am
Most typical payments relate to misstated financials, tax obligations, legal compliance or contents of material contracts. [read post]
6 Feb 2019, 10:54 am
Update indemnity provisions in those agreements to shift the risk back to the vendors that often provide disclosures and consent forms. [read post]
4 Feb 2019, 10:59 am
Remember this is an industry based on careful and measured evaluation of risk, and no matter how amazing your InsurTech company is, it still represents risk to an industry which traditionally only devotes its resources to the most financially secure investments. [read post]
7 Jan 2019, 9:49 am
Litigation like that is frequently unfair to officers or directors as the company has many advantages over the persons, including the financial wherewithal and access to evidence. [read post]
Paying the price: Ontario court reminds employers to carefully consider their approach to litigation
18 Sep 2018, 5:08 am
In particular, Justice Chiappetta awarded Ruston $546,684.73 in substantial indemnity costs (a significant sum in the context of any wrongful dismissal action). [read post]
13 Sep 2018, 4:19 am
Both companies are domiciled in Texas. [read post]
6 Sep 2018, 5:12 pm
Among the challenges is providing appropriate insurance solutions for cryptocurrency companies. [read post]
16 Aug 2018, 6:00 am
For example, the due diligence could inquire into the resilience of the company to climate risks and opportunities, how climate-related issues serve as input into the company’s financial planning process, and how climate change might impact the company’s products and services, supply chain, operations or investments. [read post]
15 Aug 2018, 7:26 am
Personality conflicts, financial goals and constraints, and emotional issues may also be clouding judgments. [read post]
23 Jul 2018, 8:49 am
The attorney fees recovered are almost never on a “full indemnity basis” and generally are within the range of 50-80% (partial to substantial indemnity). [read post]
18 Jul 2018, 8:29 am
At issue was whether, under the “pro rata time-on-the-risk” method of allocation, Century Indemnity Company was liable to its insured, KeySpan Gas East Corporation, for years outside of its policy periods when there was no applicable insurance coverage offered on the market. [read post]
18 Jul 2018, 8:29 am
At issue was whether, under the “pro rata time-on-the-risk” method of allocation, Century Indemnity Company was liable to its insured, KeySpan Gas East Corporation, for years outside of its policy periods when there was no applicable insurance coverage offered on the market. [read post]
17 Jul 2018, 9:10 pm
In Allstate Indemnity Company v. [read post]
9 Jul 2018, 8:07 am
Ask any controller or processor that has negotiated GDPR contracts: it is a massive task that results in significant legal fees, as controllers and processors allocate risks and indemnity. [read post]
1 Jul 2018, 4:08 pm
USA today has noted how social media companies may reach critical mass and become “too big to succeed”. [read post]
12 Jun 2018, 10:06 am
It should contain standard provisions on confidentiality, intellectual property, indemnities, and the like. [read post]
6 Jun 2018, 5:46 pm
Many of the companies at the top of the list for total payouts are in the financial services industry, including Bank of America ($381 million); Wells Fargo ($250 million); JP Morgan Chase ($160 million) and State Farm Insurance ($140 million). [read post]
24 May 2018, 6:30 am
The claim file auditor will analyzed the claim handling errors in regard to the financial impact each error had on the claim. [read post]
