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Given the challenges and complexities of the current risk environment, companies may want to refocus on industry experience and qualifications in their new director selection process, and, in addition, provide tutorials to help their directors better understand and assess the risks the company faces. [read post]
4 Dec 2009, 3:10 am by Daniel E. Cummins
One way to get the word out on new cases would be to notify the Pennsylvania Defense Institute or the Pennsylvania Association for Justice. [read post]
2 Dec 2009, 10:54 am by WorkCompEdge Blog Editor
While the split limit in most states is $5,000, the limit amount of $7,000 limit was selected to minimize the impact, in total, of the change in formula. [read post]
2 Dec 2009, 8:00 am by Linda E. Cummings
  Attorneys call this a reservation of rights letter, although the insurance company will most likely not put that at the top of the letter. [read post]
27 Nov 2009, 12:21 am
He says your goal should be proving actual dry weight yields for each farm or crop insurance unit. [read post]
23 Nov 2009, 5:39 am by Joshua Kubicki
It needs to be viewed in the same way companies view their manufacturing processes, hiring or R&D processes, their risk management or crisis management processes. [read post]
23 Nov 2009, 1:16 am
In disallowing the first amendment defense, she said "where a rating agency has disseminated their ratings to a select group of investors rather than to the public at large, the rating agency is note afforded the same protection. [read post]
22 Nov 2009, 2:54 pm
The article doesn't say how Blanchard's insurance company obtained the Facebook photos - if her insurance agent was one of her Facebook friends, if she was part of an open network allowing the agent or another representative of the company to view her profile, or if the company obtained the photos via other means. [read post]
22 Nov 2009, 7:44 am by Andrew Frisch
In 2001, the Department stated that a loan officer who was responsible for creating a loan package to meet the goals of a borrower by “select[ing] from a wide range of loan packages in order to properly advise the client, … supervis[ing] the processing of the transaction to closing,” and “acquir[ing] a full understanding of the customer’s credit history and financial goals in order to advise them regarding the selection of a loan package that will fit… [read post]
19 Nov 2009, 7:16 pm by WorkCompEdge Blog Editor
On the Company Setup page, change the effective date to 1/1/2010. [read post]
19 Nov 2009, 10:51 am by Beck/Herrmann
You've got a court in California, but nobody else, allowing "misrepresentation" liability for a brand-name company in a generic drug case. [read post]
19 Nov 2009, 6:26 am
If the FDIC could not find a buyer at an acceptable price, it would have the power to incorporate a temporary bridge financial company under federal law and transfer the selected assets and liabilities to this bridge company to hold until they could be disposed of in an orderly fashion. [read post]
18 Nov 2009, 4:13 pm
Insurance companies want to make it financially impossible for people to sue them. [read post]
18 Nov 2009, 1:07 am
Even though the company itself is not financially related, the claims in the complaint relate to the company’s alleged problems arising from the company’s wrong way bets on certain financial derivative hedging contracts. [read post]
16 Nov 2009, 1:16 am
This inherent potential for limits inadequacy underscores the extraordinary importance of limits selection issues. [read post]
12 Nov 2009, 5:51 am
In some cases, this provision must be drafted in such a way that it does not eliminate estate tax or creditor protection for the beneficiaries. [read post]
10 Nov 2009, 8:49 am
Ken recently wrote a blog post that suggests the only real way to deter trucking companies from intentionally violating the law is to hold truck company owners and officers personally liable for their participation in dispatching unfit drivers on trips that cannot be lawfully completed. [read post]
10 Nov 2009, 8:40 am by Greenberg & Bederman
Insurance companies want to make it financially impossible for people to sue them. [read post]