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12 Sep 2014, 4:08 am by Alan S. Kaplinsky
  It also alleged that HUD rule is invalid as applied to insurance companies that issue homeowners insurance because it conflicts with McCarran-Ferguson. [read post]
29 Oct 2019, 1:32 pm by skelly
For instance, both federal and state laws can impose joint and several liability for the cost of remediation on a party that sent waste to a contaminated disposal site. [read post]
16 Mar 2017, 5:00 pm by Kevin LaCroix
A recent law firm paper contends that “contrary to popular belief, development stage biotech companies actually have less to fear from federal securities cases that do many other types of corporate defendants that have a far easier time securing insurance coverage. [read post]
4 Feb 2008, 4:53 am
  In such cases, the same company is responsible for determining damages and losses to itself and to NFIP, creating an inherent conflict of interest. [read post]
27 Apr 2020, 4:55 pm by tvasil
Maryland:  On April 24, the Maryland Insurance Administration issued Bulletin No. 20-21, to all property and casualty insurance companies and producers and the Chesapeake Employers Insurance Company, which states that the Administration has approved two recent filings from its authorized workers’ compensation rating organization, the National Council on Compensation Insurance (NCCI). [read post]
19 Mar 2018, 9:10 pm by J. Ryan Fowler
A Federal trial court in Texas recently dismissed a homeowner’s claims that related to State Farm making misrepresentations in advertising and violating the Texas Deceptive Trade Practices Act (DTPA).1 Bob Click filed a claim with his insurer, State Farm Lloyds, after his home suffered water damage. [read post]
29 Feb 2008, 4:20 am
  The named defendants are as follows: Fidelity National Title Insurance CompanyChicago Title Insurance CompanyTicor Title Insurance CompanyFidelity National Finance, Inc.First American Title Insurance Company of New YorkUnited General Title Insurance CompanyFirst American CorporationCommonwealth Land Title Insurance CompanyLawyers Title Insurance CorporationLandamerica Financial Group, Inc.Stewart Title… [read post]
14 Oct 2013, 2:07 am by Kevin LaCroix
In an unusual step, the FDIC, the federal regulator responsible for insuring and supervising depositary institutions, has weighed in on financial institutions’ purchase of D&O insurance. [read post]
9 Feb 2015, 9:38 am by Friedman, Rodman & Frank, P.A.
First, the federal court stated an injured person may bring an uninsured motorist case against his or her auto insurance company before resolving the individual’s claim against the negligent party. [read post]
24 Jul 2012, 8:54 pm
The McCarran-Ferguson Act, along with Title XXXIX of the Ohio Revised Code, prevented Ohio title insurance purchasers from maintaining antitrust claims against title insurance companies and the Ohio Title Insurance Rating Bureau for conspiring to charge inflated rates through title insurance rate filings, the U.S. [read post]
16 Jun 2008, 9:26 am
  The insurance company may appeal the verdict.Click here to read the Judgment.We will continue to provide updates on Katrina-related coverage litigation on InsureReinsure.com. [read post]
19 Feb 2014, 4:13 am by Steven Gursten
But a person’s record of “safe driving” is less important to some big auto insurance companies when setting car insurance rates than a person’s education and occupation, according to the Consumer Federation of America. [read post]
31 Mar 2020, 8:45 pm by tvasil
  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]
15 Apr 2010, 2:32 am
On April 9, 2010, Iowa’s governor Chet Culver signed measures (Senate File 2201) designed to create greater transparency and disclosure of health insurance premiums, and to expand the rights of consumers prior to any rate increases by insurance companies. [read post]