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20 Oct 2017, 9:10 pm
Arizona requires that insurance carriers acknowledge receipt of a claim within 10 working days of the claim being initiated.1 The carrier must also provide all necessary claims forms, instructions and assistance to the claimant promptly.2 They must reply to pertinent claims... [read post]
26 Dec 2012, 7:18 am
On December 20, 2012, President Obama signed into law (1) the bill amending the Electronic Fund Transfer Act (H.R. 4367) to eliminate the ATM fee sticker requirement, and (2) the bill amending the Federal Deposit Insurance Act (H.R. 4014) to provide protection against waiver of the attorney-client privilege when privileged information is shared with the CFPB or by the CFPB with other federal agencies. [read post]
27 Jun 2018, 7:47 am
For example, we now know that the DOL does not intend to alter existing ERISA preemption rules, which authorize State insurance regulation of AHPs, either through the health insurance issuers through which they purchase coverage or directly in the case of self-insured AHPs. [read post]
28 Dec 2020, 9:39 am
” A “Covered Company” is defined as any company that is not subject to federal consolidated supervision by the FRB and that on or after April 1, 2021, directly or indirectly, controls an ILC (1) as a result of change in control under Section 7(j) of the FDI Act or a merger pursuant to Section 18(c) of the FDI Act, or (2) that is granted deposit insurance under Section 6 of the FDI Act. [read post]
1 Nov 2023, 9:51 am
The Continental policy provided limits of $1 million per claim and up to $3 million in the aggregate. [read post]
29 Mar 2017, 8:25 am
Johnson then moved for an award of attorneys’ fees under § 627.428 which provides that “[u]pon the rendition of a judgment or decree . . . against an insurer and in favor of any named . . . insured . . . under a policy or contract executed by the insurer, the trial court . . . shall” award the insured its reasonable attorneys’ fees. [read post]
29 Mar 2017, 8:25 am
Johnson then moved for an award of attorneys’ fees under § 627.428 which provides that “[u]pon the rendition of a judgment or decree . . . against an insurer and in favor of any named . . . insured . . . under a policy or contract executed by the insurer, the trial court . . . shall” award the insured its reasonable attorneys’ fees. [read post]
27 Oct 2011, 11:31 am
By way of background, BC’s Financial Institutions Act requires out of Province vehicle insurers to sign a “Power of Attorney Undertaking” in essence promising to provide the minimum insurance coverage available in BC when their insured vehicles are travelling in this Province. [read post]
19 Nov 2015, 8:43 pm
He argued that Enterprise retained a risk up to $2 million in third-party liabilities per occurrence because it opted to self-insure under state regulations. [read post]
9 Aug 2019, 2:23 pm
On August 2, 2019, New Hampshire became the most recent of many states that adopted an Insurance Data Security Law (Senate Bill 194-FN) modeled after the National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law. [read post]
17 Aug 2011, 9:48 am
Feldman JJ.A.The Ontario Court of Appeal addressed the narrow issue of whether the insured was entitled to coverage pursuant to the terms of the Family Protection Endorsement OPCF 44R which provided $800,000 coverage to an insured involved in a motor vehicle accident involving an unidentified driver. [read post]
17 Aug 2011, 9:48 am
Feldman JJ.A.The Ontario Court of Appeal addressed the narrow issue of whether the insured was entitled to coverage pursuant to the terms of the Family Protection Endorsement OPCF 44R which provided $800,000 coverage to an insured involved in a motor vehicle accident involving an unidentified driver. [read post]
25 Jun 2008, 9:58 pm
The Saskatchewan Insurance Act requires no special form to designate, alter or revoke a designation of beneficiary. 2. [read post]
26 Feb 2023, 9:25 am
We attach hereto as exhibit 2 a recent white paper we have prepared on the subject, which has also been shared with your State insurance department. [read post]
What Consitutes Prejudice to a Liability Insurer? A Default Judgment Taken Against its Insured Does.
11 Nov 2011, 7:13 am
Plaintiffs then commenced this action against Eveready pursuant to New York Insurance Law § 3420(b)(2) to obtain payment of their default judgment against Eveready's insured from Eveready. [read post]
25 Oct 2012, 10:04 am
The primary objectives for the Definitive Disability Conference are: (1) to create a conference focused solely on disability insurance issues; (2) to design the conference with the experienced disability insurance professional in mind; (3) to limit the conference to industry-related personnel and their counsel; and (4) to ensure that the conference provides great value for the price. [read post]
17 Aug 2013, 6:22 pm
Your insurance provider will not usually want to offer you insurance money unless and until you can prove that your injuries and car damages occurred due to a hit and run. [read post]
21 Jan 2015, 5:30 am
According to authorities, and contrary to reports made to his insurance provider, Legal Pro operated with a payroll totaling more than $2 million billed through its vendors, but only reported a payroll totaling more than $184,000. [read post]
12 Feb 2010, 7:01 am
CGL – UNTIMELY DISCLAIMER – LATE NOTICE – INSURANCE LAW § 3420(D)(2) – PROOF OF MAILING Mid City Constr. [read post]
17 Aug 2015, 4:30 am
Lawsuits Against Us If your policy provides property or other first-party... . [read post]
