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22 Oct 2012, 3:31 pm
In so concluding, the court reasoned that a genuine issue of material fact exists with respect to whether the insured violated its duty to (1) provide prompt and sufficient notice, (2) provide inventories of the damaged and undamaged property, (3) permit the insurance company to inspect the Property to determine the amount of loss or damage, and (4) cooperate during the claim investigation process. [read post]
26 Aug 2009, 3:39 pm
Section 12 of the Insurance Act provides: 12(1) A term or condition of the contract which is not set out in full in the policy or in the document in writing attached to it, when issued, is not valid or admissable in evidence to the prejudice of the insured or a beneficiary. 12(2) This section does not apply to an alteration of the contract agreed on in writing betweem the Insurer and the Insured after the issue of the policy. [read post]
19 Jul 2010, 1:56 am
On July 15, the DC Circuit invalidated SEC Rule 151A, which attempted to define a class of annuities that fell outside the statutory exemption from registration provided by the Securities Act, on grounds that it is ambiguous. [read post]
27 Oct 2015, 8:12 am
“We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defense, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America. [read post]
28 Mar 2022, 9:23 am
On 25 March 2022, the FCA published Policy Statement 22/2 ‘PRIIPs – Final scope rules and amendments to Regulatory Technical Standards’ (PS22/2). [read post]
3 Nov 2009, 10:35 pm
Nevertheless, he believes the same level of service can be provided to farmers at a much lower cost. [read post]
24 Dec 2008, 9:09 am
Reserves for certain life insurance products; 2. [read post]
19 Jan 2012, 1:36 pm
” Governor Gray Davis signed SB 841 into law on August 2, 2003. [read post]
21 Jan 2020, 7:07 am
The BSA[2] details suspicious activities that should be reported via SAR and also provides an exception: “An insurance company is not required to file a SAR to report the submission to it of false or fraudulent information to obtain a policy or make a claim, unless the company has reason to believe that the false or fraudulent submission relates to money laundering or terrorist financing. [read post]
8 Dec 2020, 6:04 am
If it does, further consideration will be required as to requirements for regulatory authorisations and ensuring that the operation of the dApp and insurance product provided comply with applicable regulatory requirements. [read post]
23 Jun 2019, 6:03 am
At this time, the Muratore’s learned the flood policy they got from Shoaf only provided up to $400 of coverage. [read post]
5 Apr 2017, 6:30 am
Based upon his more than a decade of experience in working with employers, insurers, TPAs, attorneys and claimants, Dan provides education and consultation to Tower MSA clients on all aspects of MSP compliance. [read post]
23 Apr 2012, 3:45 pm
The benefits were terminated after a health care provider stated she did not need "continual supervision due to severe cognitive impairment. [read post]
14 Apr 2016, 9:21 am
It’s uncanny that we may own a life insurance policy that will provide for our loved ones after we’re gone – but we don’t have a policy to protect US…while we’re still here…when we need to pay for long-term care. [read post]
7 Oct 2007, 6:59 pm
Additionally, because a specific amount of money is mentioned, the name of the insurer, as well as the city in which the insurer's principal office is located, must be provided pursuant to N.Y. [read post]
13 Feb 2017, 10:16 pm
If Jake Butt’s draft position drops below the second round, it will provide another interesting test case for how disability insurers handle these high-value claims. [read post]
10 Aug 2014, 6:08 pm
As some insurance companies have left the long term care insurance market, others are now offering alternative ways to fund the care – life insurance or annuities. [read post]
17 Mar 2014, 7:35 am
In a 5-2 decision, the Florida Supreme Court said that it did. [read post]
28 Jan 2006, 9:22 am
If you don't have it, request a current one from your employer or call the health insurance company for a copy. 2. [read post]
24 Aug 2011, 8:04 am
Paragraph 4 of the agreement provided in relevant part: “[i]t is agreed and understood that you will represent us exclusively in the sale and service of insurance. [read post]
