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30 Aug 2022, 4:45 am
The surplus lines insurers made the following argument: This suit arises from a commercial property insurance claim made by Zagis USA, LLC (‘Zagis’), a company operating at 21095 South Frontage Road in Lacassine, Louisiana, based on damage it sustained in Hurricane Laura on August 27, 2020 and Hurricane Delta on October 9, 2020. [read post]
30 Aug 2022, 4:36 am
Differences in the adoption of Medicaid expansion, differences in income levels, or differences in the rates of medical insurance coverage may explain some of the regional differences. [read post]
30 Aug 2022, 1:55 am
*This percentage reflects the share of the eligible investment that companies are able to deduct in the first year. [read post]
29 Aug 2022, 7:15 pm
Assurance IQ, LLC, Plaintiff visited Assurance’s website for the purpose of requesting an insurance quote. [read post]
29 Aug 2022, 2:40 pm
Several car insurance companies offer this type of insurance at no additional cost but the customary cap is $1,000. [read post]
29 Aug 2022, 11:58 am
Health plans and insurers, health care providers, health care clearinghouses (“Covered Entities”), their business associate service providers, leaders and insurers should re-confirm their own organizations’ for handling and disposing of records and systems containing protected health information (“PHI”) comply with the Health Care Portability & Accountability Act (“HIPAA”) following the Department of Health & Human Services Office… [read post]
29 Aug 2022, 7:38 am
On July 13, 2022, the Office of the Superintendent of Financial Institutions (OSFI) released its final Guideline B-13 (the Guideline), setting out technology and cyber risk management expectations for all federally regulated financial institutions (FRFIs), such as banks, insurance and trust companies. [read post]
29 Aug 2022, 7:11 am
In these countries, the Company expects those using Moderna-patented technologies will respect the Company’s intellectual property. [read post]
29 Aug 2022, 6:00 am
In the latest example of the intersection of crypto and insurance, a California federal court recently held that cryptocurrency stolen from a Coinbase account did not constitute a covered loss under a homeowner’s insurance policy. [read post]
26 Aug 2022, 9:05 pm
In a separate matter, the Federal Trade Commission appears to be positioning itself to take legal action against a company for licensing data that reveals users’ whereabouts, including visits to abortion clinics. [read post]
26 Aug 2022, 7:06 am
Generally, group health insurance companies refuse to cover such costs. [read post]
26 Aug 2022, 4:00 am
Some Companies’ Political Spending Fuel Voter Suppression. [read post]
25 Aug 2022, 9:05 pm
From his Western District of Texas federal court bench, Pitman granted the motion for a summary judgment favoring two insurance companies over Blue Bell Creameries USA Inc. [read post]
25 Aug 2022, 1:10 pm
According to the article, the money in the settlement “goes to the federal government, not policyholders, because the potential fraud was against the National Flood Insurance Program. [read post]
25 Aug 2022, 12:08 pm
$100 million, as reported in State Farm will pay $100 million to feds over Hurricane Katrina insurance Claims: State Farm Fire and Casualty Co. has agreed to pay the federal government $100 million for potential liability over its handling of flood insurance claims after Hurricane Katrina, settling a lawsuit that two whistle blowers filed against the company more than 16 years ago. [read post]
25 Aug 2022, 11:54 am
In the latest example of the intersection of crypto and insurance, a California federal court recently held that cryptocurrency stolen from a Coinbase account did not constitute a covered loss under a homeowner’s insurance policy. [read post]
25 Aug 2022, 7:33 am
Localities frequently offer abatements or other property tax incentives to select companies.[9] And of course, property tax rates are set by political subdivisions at a variety of levels: not only by cities and counties, but often also by school boards, fire departments, and utility commissions. [read post]
Federal Court Confirms That There is No Recognized Cause of Action for Spoliation of Evidence But...
25 Aug 2022, 5:00 am
.), the court denied in part, the Plaintiff insurance company’s Motion for Summary Judgment on a claim of a breach of duty on the part of Copart to preserve a vehicle.In this matter, a worker's compensation carrier, had paid over a million dollars to compensate an injured employee. [read post]
25 Aug 2022, 5:00 am
Under the No Surprises Act (NSA), if a healthcare provider and insurance company cannot resolve a disagreement over payment for out-of-network services through negotiation, the parties may proceed to a “baseball-style” arbitration. [read post]
24 Aug 2022, 9:01 pm
Gruenberg of the Federal Deposit Insurance Corporation (“FDIC”) released the FDIC’s priorities for 2022, which included “[a]ddressing the financial risks that climate change poses to banking organizations and the financial system. [read post]
