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8 Jan 2015, 3:30 am
The insureds made a claim for the property damage under the homeowner’s insurance policy they had purchased from Federated National Insurance Company (“Federated”). [read post]
24 Nov 2014, 11:01 pm
The insurance company will, in the long run, collect more in premiums than it pays out in benefits. [read post]
24 Nov 2014, 11:01 pm
The insurance company will, in the long run, collect more in premiums than it pays out in benefits. [read post]
24 Nov 2014, 11:01 pm
The insurance company will, in the long run, collect more in premiums than it pays out in benefits. [read post]
19 Jan 2011, 2:01 pm
Companies, Inc. [read post]
19 Jun 2023, 3:50 pm
In a recent unpublished opinion,1 the Federal Ninth Circuit Court of Appeals ruled that California upholds the late notice prejudice rule, where an insurer does not have to pay if the insured reports a loss late and the insurer proves it was prejudiced by the late reporting. [read post]
18 Aug 2016, 12:37 pm
Federal Insurance Co., pending in a Texas state court, scammers impersonating the CEO of Ameriforge Group (“AFGlobal”) convinced the company’s accountant to wire $480,000 to a bank in China. [read post]
6 Dec 2022, 2:00 pm
In Federal Insurance Company v. 3M Company, No. 21-2093 (JRT/DTS), 2022 WL 17176889 (D. [read post]
4 Aug 2019, 3:34 pm
As the number of shareholder appraisal lawsuits increased a few years ago, a recurring question has been whether or not a company’s D&O insurance covers the company’s costs incurred in defending an appraisal action. [read post]
6 Jan 2023, 5:22 am
” The brief has a citation to a case, Travelers Casualty Insurance Company v. [read post]
28 Sep 2020, 11:10 am
Preparation is the Key to Disability Insurance Claim Approval Some disability insurance companies will begin investigating a claim only after they’ve denied it. [read post]
COVID-19 Daily Insurance Regulatory Updates To Keep You Informed During The Lockdown (June 18, 2020)
18 Jun 2020, 2:44 pm
All Lines of Insurance Oklahoma: On June 18, the Oklahoma Insurance Department (OID) issued a special notice to Oklahoma insurance companies and licensed insurance professionals regarding temporary producer and apprentice adjuster license applications. [read post]
12 Jun 2016, 5:32 pm
The D&O insurer removed the lawsuit to federal court in Arizona and filed a motion to dismiss in reliance on the Insured vs. [read post]
21 Dec 2007, 2:28 am
Lafayette Insurance Company, et al., a Louisiana state appellate court held that an insurer’s water exclusion was ambiguous and that the insurer could not deny coverage for water damage sustained to an insured’s property on the basis of the exclusion. [read post]
3 Apr 2020, 4:34 pm
If an insurance company has already extended the grace period of 60 days, pursuant to Bulletin IC-40, the company is considered to be in compliance with Executive Order No. 7S even if such 60-day period ends prior to June 1, 2020. [read post]
6 May 2012, 5:54 pm
” Examples of federal laws that require data breach notification are two laws governing the health care industry – the Health Insurance Portability and Accountability Act (HIPAA) and the Health Information Technology for Economic and Clinical Health Act (HITECH). [read post]
11 Nov 2009, 12:34 am
In May 2008, the CEO pled guilty to failing to keep a company tax record as required by federal law. [read post]
20 Dec 2019, 11:37 am
A new government report reveals what whistleblowers and their counsel have known for some time: the Medicare Advantage program is vulnerable to fraud committed by unscrupulous private health insurance companies, as well as their owners, vendors, affiliates, and even some doctors. [read post]
7 Jan 2009, 4:30 am
Allstate Insurance Company et al., No. 07-1449-L, 2008 WL 2167027 (W.D. [read post]
6 Apr 2020, 4:14 pm
The information below relates to state and federal bulletins, emergency orders, pending/enacted legislation, and other related actions taken in response to the COVID-19 pandemic. [read post]
