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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]
5 Sep 2007, 10:19 am
This inequitable basis for determining premiums is driven by the insurance companies’ profit motives. [read post]
26 Sep 2008, 1:28 pm
Twin City Fire Insurance Company et al, 06-CV-13105 (S.D.N.Y. [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]
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]
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]
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]
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]
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]
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]
8 Jun 2015, 12:48 pm
On June 2, the Federal Deposit Insurance Corporation, Board of Governors of the Federal Reserve System and Office of the Comptroller of the Currency reiterated the disclosure requirements for annual stress tests conducted by financial institutions with total consolidated assets between $10 billion and $50 billion pursuant to the Dodd-Frank Act. [read post]
29 Oct 2011, 8:13 am
(Assurant), Assurant Employee Benefits (AEB), and Union Security Insurance Company (Union). [read post]
8 Nov 2018, 6:01 am
State Farm Mutual Automobile Insurance Company. [read post]
10 Sep 2010, 10:00 am
Insurance Company of the State of Pennsylvania: Does a proceeding before the United States Department of the Interior Board of Contract Appeals constitute a “suit” such as to trigger insurance coverage under a commercial general liability policy? [read post]
18 Jan 2020, 1:08 pm
Owners Insurance Company, Docket No. 18-1392, For Publication) [read post]
17 Jan 2011, 7:05 am
., 937 N.E. 2d 853, the Indiana Court of Appeals held that compliance with federal servicing requirements is a condition precedent to residential foreclosure on an FHA-insured mortgage, and, therefore, can be raised as an affirmative defense. [read post]
23 Sep 2011, 6:23 pm
The company will also put together the abstract for the property, order a survey and file all of the state and federal paperwork after the closing. [read post]
5 Mar 2021, 9:20 am
On February 24, the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System and the Federal Deposit Insurance Corporation (FDIC) published a final rule in the Federal Register implementing the net stable funding ratio. [read post]
