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29 Mar 2012, 7:00 am
In other words, a driver / owner of a vehicle has no legal duty to maintain bodily injury insurance coverage. [read post]
15 Oct 2017, 3:49 am by Keith L. Miller
” The French court had ruled that a $1.76 million insurance subrogation claim, assigned to the vessel owner by its insurer, would have resulted in a double recovery to the owner, and was therefore improper, but the Court also indicated that it would entertain evidence of monies expended by the owner and other liabilities of the insurer forgiven, which would demonstrate actual consideration paid for the assignment. [read post]
16 Aug 2013, 4:00 am by Dianne Saxe
Insurance pricing is based mainly on an actuarial estimate of the risk transferred from the property owner to the insurance company, and on the pool over which this risk is spread. [read post]
4 Mar 2008, 7:58 am
More policy owners are getting notices of non-renews. [read post]
14 Apr 2020, 5:43 am by Parrish McLeod
Underinsured motorist coverage can help when the insured owner or driver of the vehicle is involved in a car accident where they are injured by a negligent driver, who doesn’t have insurance coverage... [read post]
23 Aug 2017, 9:10 pm by Larry Bache
Recently, a Nebraska federal trial court denied Owners Insurance Company’s request to bifurcate my client’s bad faith claim from its breach of contract claim. [read post]
19 Mar 2018, 2:26 pm by Daily Record Staff
In the business practice, he works with business owners to provide ... [read post]
6 Jul 2008, 11:20 pm
Co.(4th Dept., decided 7/3/2008)New York reporters are replete with cases addressing when an owner's or general contractor's liability may be said to have "arisen" out of a named insured subcontractor's work for the owner or general contractor, for purposes of triggering additional insured coverage in favor of the owner or GC under the subcontractor's CGL policy. [read post]
25 May 2011, 7:40 am by Tomassi Law Associates
He called it a backdoor tax and fee increase that will hurt homeowners and small business owners. [read post]
10 Apr 2012, 5:00 am by Jeffrey W. Berkman, Esq.
  While price, payment terms, and timing must be detailed, owners need to be aware that the funding will need to come from the entity or other owners, as applicable, rather than relying on a life insurance policy. [read post]
10 Apr 2012, 8:22 pm by Peter Vodola
In opposition to the motion, defendant submitted an affidavit attesting to the following: In November 2007, defendant learned that plaintiff had an ownership interest in a life settlement company, which purchased blocks of life insurance policies previously viaticated by their owners and then sold them to other financial institutions, including several prominent hedge funds. [read post]
30 Aug 2011, 11:20 am
LTI offers significant benefits to many stakeholders by reducing insurers’ administrative costs, lowering search costs, providing stability to consumers and incentivizing property owners to invest in risk-reducing measures. [read post]
29 Jul 2015, 7:31 am by Matthew DeVries
  As an owner or developer, you should know and understand your policy coverage provided by your own insurance, as well as those provided by the contractors and subcontractors working on your projects. [read post]
21 Jun 2011, 7:39 am by Mark S. Humphreys
State Farm insured Michelle Keeffe, the Isuzu's owner, against loss caused by bodily injury under a $50,000 per person up to $100,000 per incident uninsured/underinsured (UM/UIM) policy. [read post]
15 Jan 2010, 11:45 am by James J. Gross
A study commissioned by Massachusetts Mutual Life Insurance Company reveals that 60 percent of business owners do not have a plan in place to divorce-proof their companies. [read post]
17 Jul 2011, 5:33 am by Michelle Claverol
The owner alleged that while he may not have had actual ownership of or legal title to the personal property of Vraj Brig and the restaurant owner, he had an “insurable interest” in them. [read post]
8 Jun 2016, 8:27 am by Stacey Lantagne
When I teach contract ambiguity, a lot of the cases seem to revolve around insurance contracts, with the doctrine of contra proferentem coming into play. [read post]
20 Mar 2014, 6:28 am by Mark S. Humphreys
Insurance law lawyers need to be able to distinguish cases where they can help someone and cases where they cannot. [read post]