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2 Aug 2007, 8:43 am by Marc Mayerson
Allstate's policy form in the case stated, as an example: "We do not cover loss to [insured] property . . . . consisting of or caused by: . . . [read post]
2 Aug 2007, 6:48 am
It’s a big win for such insurers as Allstate and Travelers; one economist estimated that a ruling in the plaintiffs’ favor could have cost the insurance industry $1 billion, reports the AP. [read post]
24 Jul 2007, 7:23 am
HERE are the companies actually in the structured settlement market: Allstate Life Insurance Company, Allstate Life Insurance Company of New York, AI Life, American General Life Insurance Company, Aviva Life Insurance Company, Aviva Life Insurance Company of New York ,Hartford Life Insurance Company, New York Life Insurance Company, Metropolitan Life Insurance Company, Prudential Insurance Company of… [read post]
16 Jul 2007, 1:00 am
Here a story from Arthur Postal of National Underwriter about Allstate and Nationwide bucking an industry trend and supporting some form of Rep. [read post]
5 Jul 2007, 8:57 am
Rocky Mountain Insurance Information Association Offers the Following National Teen Driving Statistics for 2005: • Motor vehicle crashes are the leading cause of death for teenagers. [read post]
5 Jul 2007, 8:57 am
Rocky Mountain Insurance Information Association Offers the Following National Teen Driving Statistics for 2005: • Motor vehicle crashes are the leading cause of death for teenagers. [read post]
28 Jun 2007, 10:38 am
In 1995, Allstate installed a new claims-handling system called “Claims... [read post]
28 Jun 2007, 10:16 am
OK class, for today's lesson, assume you are a major, sophisticated drug company. [read post]
27 Jun 2007, 3:15 am
On June 21, Allstate Insurance announced that it settled a post-trial legal dispute with its insured, Robert Weiss, in a significant Hurricane Katrina-related damages case.Allstate had asserted that a majority of Weiss' property damage was caused by a non-covered storm surge (wind-driven water) and not by wind, a covered peril. [read post]
26 Jun 2007, 5:24 am
Last week when the Scruggs Katrina Group put out an announcement announcing it would have an announcement the next day, this is probably along the lines of what I expected: Scruggs and Allstate have entered into a settlement of Katrina claims, although the terms are so secret we don't even know how many cases it involved, or really, whether they were cases or just inchoate claims. [read post]
25 Jun 2007, 2:10 pm
Think of the opportunities we've lost: Run into a grumpy flight attendant on United, sue because you didn't experience the "Friendly Skies" Disappointed to find only gasoline in your tank, sue Exxon for failing to provide the "tiger in your tank" they promised Your insurance agent fails to hold you close, sue Allstate for not providing "good hands" Think Fox News leans GOP, sue them for not being "fair and balanced" … [read post]
22 Jun 2007, 1:55 am
Allstate Katrina case, which resulted in a $2.8 million bad faith jury verdict. [read post]
20 Jun 2007, 8:31 am
Now, conservative media, which usually turn a blind-eye to corporate greed, are starting to take notice.Recently, New Orleans CityBusiness criticized Allstate, Nationwide and State Farm for selling as much as 95% of all federal flood insurance policies. [read post]
18 Jun 2007, 3:23 pm
Allstate Insurance Co., Justice Scalia explained that because Section 1447(d) must be read in pari materia with Section 1447(c), Section 1447(d) precludes review only of remands based on Section 1447(c) - for present purposes, a lack of subject matter jurisdiction. [read post]
18 Jun 2007, 1:10 am
APPELLATE DIVISIONFIRST DEPARTMENTInsurance Law‘Follow-the-Fortunes Doctrine' Inapplicable; Insurer Differently Calculated Loss Against Insured, Reinsurer Allstate Insurance Co., plaintiff-appellant v. [read post]