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2 May 2016, 8:00 am by Robert Kreisman
As for the claimants’ argument that the former Sprinkmann’s insurance policies nonetheless transferred to new shareholders by virtue of its purchase and assets, the justice said that was not possible because the purchase agreement provided neither for the acquisition of the former Sprinkmann’s liabilities or insurance liability policies. [read post]
8 Nov 2021, 11:52 am by Kevin LaCroix
First, Judge Johnston referred to an earlier case in which a different unit of the defendant insurance company had expressly taken the position that the alleged false mortgage submissions to HUD were not “professional services” under a policy specifically designed to provide professional services liability. [read post]
1 Apr 2019, 12:41 pm by Jonathan Tycko
Finally, the Court rejected the defendants’ assertion that “no published authority holds that simply because the provider paid for the referral of the patient, the insurance claim based thereon becomes ‘false’ or ‘fraudulent. [read post]
8 Jun 2020, 8:08 am by Joe Consumer
” “The department has been informed that some insurers and other persons engaged in the business of insurance in this state are unfairly taking advantage of the COVID-19 crisis and providing unjustifiably low settlement offers knowing financial need is high and recourse to the civil court system in the state is currently severely limited,” the notice said. [read post]
12 Feb 2013, 12:56 pm by Editors
This event is specifically designed for the insurance and reinsurance in-house general counsel to share ideas and provide industry news on the latest regulatory developments on the state, federal and global level with specialist debates, informative topics and insightful presentations from market leaders and influential companies. [read post]
15 Oct 2013, 2:33 pm
Specifically, the Maryland regulation provides that if an insurer has not completed its investigation of a first-party claim (this generally means that you made the claim under your own policy) within 45 days of notification, the insurer must promptly notify the first-party claimant, in writing, of the actual reason that additional time is necessary to complete the investigation. [read post]
8 Aug 2017, 2:30 pm by Moderator
Anguilla provides advantages for Hedge Funds and IBCsIn 2004, Anguilla added legislation that provided for mutual funds, captive insurance and protected cell companies. [read post]
21 Oct 2009, 12:11 pm by Michael Thomas
 The Service Loaner Agreement provided that any loss or damage to the loaner vehicle was the responsibility of the Insureds. [read post]
22 Jun 2014, 4:30 am by Denise Sze
In National Union Fire, the appeals court found counsel’s investigation to provide an opinion regarding insurance coverage and the documents prepared are the same as those prepared by any other employee... . [read post]
29 Jun 2010, 1:27 pm by Daniel E. Cummins
I am pleased to report that I was recently contacted by the Property Loss Research Bureau/Liability Insurance Research Bureau (PLRB/LIRB), the largest educational provider for the Property and Casualty Insurance Industry, with two proposals.First, the PLRB/LIRB wishes to utilize Tort Talk as part of their real-time opt-in email service to provide their nationwide members with the latest breaking case law on a twice a week basis.Also, the group has requested me to… [read post]
11 Jun 2014, 7:43 am
Each individual is typically only covered with a singular policy provided by one company, and the terms of that policy are usually standardized. [read post]
29 Oct 2019, 7:30 am by Ann Brown
Ask your insurance provider what your policy covers, and how it might help to cover the damages from the accident. [read post]
23 Feb 2020, 5:25 am by Jon L. Gelman
 As amended, this bill creates certain protections for insurers and insurance producers engaging in the business of insurance in connection with cannabis-related businesses.Specifically, the bill provides that, notwithstanding any law to the contrary, no State or local government agency may:(1) prohibit, penalize, or otherwise discourage an insurer or insurance producer from engaging in the business of insurance in connection with a… [read post]
9 Jun 2010, 2:53 pm
MedPay provides for the advancement of medical expenses for its insured in case of an accident. [read post]
1 Jun 2012, 6:43 am
“Health and disability insurance fraud seriously hurts policyholders, providers, insurers, and ultimately California’s economy,” said Commissioner Jones. [read post]
1 Jun 2012, 6:43 am
“Health and disability insurance fraud seriously hurts policyholders, providers, insurers, and ultimately California’s economy,” said Commissioner Jones. [read post]