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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]
31 May 2019, 5:30 am
Federal law will not allow trucking companies to escape liability by employing independent contractors as opposed to employee truck drivers. [read post]
9 Oct 2018, 5:15 am
In Houston Casualty Company v. [read post]
11 Dec 2017, 9:34 am
Selective Insurance Company of the Southeast, et al., a Pennsylvania federal court recently held that an insurer must produce information about its reinsurance program in an action in which the insured plaintiff alleged its insurer engaged in bad faith in refusing to settle an underlying negligence case. [read post]
27 Feb 2024, 2:32 pm
IV was a Special Purpose Acquisition Company (SPAC). [read post]
1 May 2013, 10:59 am
Today, Leroy Nelson faces felony time behind bars as well as the federal government seeking restitution for all that money that he’s collect from insurance companies since 2005. [read post]
23 Jul 2012, 7:32 am
Kevin Clinton, the Michigan Insurance Commissioner, issued an order on July 18, 2012 that bans insurance companies from enforcing most favored nation clauses in health insurance contracts unless they are first submitted to him for approval. [read post]
11 Jan 2014, 1:29 am
Inteso directed Gartland to make the payments to a company Inteso controlled and that had ceased operating by 2007. [read post]
19 Mar 2024, 11:01 am
The proposed reforms, contained in an amendment to HB 5395 , would ban prior authorization requirements for in-patient treatment at psychiatric facilities and all forms of “step therapy” for prescription drug coverage, as well as require insurance companies to publicly post treatments and therapies requiring prior authorization and prohibit the sale of short-term, limited-duration insurance plans that don’t meet the minimum requirements of the Affordable… [read post]
26 Sep 2008, 1:28 pm
Twin City Fire Insurance Company et al, 06-CV-13105 (S.D.N.Y. [read post]
5 Sep 2007, 10:19 am
This inequitable basis for determining premiums is driven by the insurance companies’ profit motives. [read post]
7 Jul 2010, 1:45 pm
A federal judge entered a consent decree requiring a nationwide staffing company to pay $100,000 to a blind woman against whom the company discriminated because of her blindness according to a suit filed by the U.S. [read post]
27 Jul 2008, 7:02 am
Florida Insurance Commissioner Praises Mandatory Arbitration Ban Thanks to the LexisNexis Insurance Center Staff TALLAHASSEE, Fla. -- Florida Insurance Commissioner Kevin McCarty welcomed the First District Court of Appeal's decision affirming the Office of Insurance Regulation's denial of United Insurance Company of America's request to include a mandatory arbitration clause in its life insurance contracts. [read post]
17 Mar 2020, 2:41 pm
Particularly, when states take out federal loans to cover a surge of unemployment insurance payouts, the credit’s value is rolled back, exposing in-state companies to higher taxes to bridge the gap created by insufficient state funding. [read post]
20 Jan 2014, 1:04 pm
The Internal Revenue Service recently updated the state assumed interest rates insurance companies must use to compute their reserves for (1) life insurance and supplementary total and permanent disability benefits, (2) individual annuities and pure endowments, and (3) group annuities and pure endowments for post December 31, 2012 in Revenue Ruling 2014-4. [read post]
12 Jan 2011, 1:03 pm
The Law Company, Inc. v. [read post]
2 Nov 2023, 5:37 am
You should be aware of the different types of federal medical fraud. [read post]
12 Aug 2011, 12:22 pm
In a Statement released by the AAJ on May 12, 2011, the AAJ blasted the Federal Motor Carrier Safety Administration's (FMCSA) proposed rules regarding Mexican commercial trucks operating within the United States as failing to require that the trucks carry adequate insurance, thus placing many American Citizens at risk. [read post]
4 Apr 2019, 12:13 pm
Liberty Mutual Fire Insurance Company, disagreeing with the plaintiff truck driver who was injured in an on-the-job crash that the amounts had to be the same. [read post]
26 Apr 2015, 4:59 pm
The company purchased policies from other insurers to reinsure its E&O liabilities. [read post]
