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4 Oct 2020, 1:30 pm by Kevin LaCroix
In a recent decision following a bench trial, a California state court judge held that a D&O insurance policy’s “bump up” exclusion applies to preclude coverage for the settlement of claims by shareholders of the acquired company who claimed they had received inadequate consideration for their acquired shares. [read post]
19 Nov 2011, 3:50 am by Gregory Dell
Disability Blog & Cases: Wyeth Pharmaceutical/Pfizer Senior Attorney suffering from disability sues Ohio National Life Insurance Company for denial of disability benefits A Pennsylvania disability attorney recently filed a federal lawsuit against The Ohio National Life Insurance Company. [read post]
26 Feb 2018, 2:34 pm by John L. Culhane, Jr.
In its lawsuit, which was filed in federal district court in Washington, D.C., NFHA alleged that Travelers had a policy of refusing to provide habitational insurance policies to landlords that rent to tenants who use Housing Choice Vouchers, also known as Section 8 vouchers. [read post]
3 Feb 2015, 7:22 am by Joy Waltemath
However, the federal district court in Georgia found several of the company’s state law claims preempted by the Georgia Trade Secrets Act and dismissed the breach of contract claim because a confidentiality policy embodied in an employment manual did not constitute a contract (RLI Insurance Co. v. [read post]
24 Dec 2014, 12:05 pm
The company relied on tens of millions of dollars in federal loan guarantees provided under the Affordable Care Act, also known as Obamacare. [read post]
18 Feb 2017, 9:10 pm by Shane Smith
Fidelity National Indemnity Insurance Company,1 the relevant facts were: … Continue Reading . [read post]
30 Oct 2017, 1:50 pm by Law Offices of Ralph Behr
 To makes matters worse, insurance companies are taking advantage of this situation by overcharging for the drug treatment needed by those who suffer from all types of drug addictions. [read post]
19 Jan 2010, 8:00 am by Mark S. Humphreys
As with a lot of Federally controlled programs, the consumer is limited in his available remedies when he is mis-treated by the companies administering these programs. [read post]
22 Aug 2012, 1:34 am by Kevin LaCroix
While most private company D&O insurance policies have some form of contract exclusion, not all policies have adopted the broad preamble. [read post]
11 Dec 2010, 8:45 am
While the Federal Motor Carrier Safety Regulations specify the minimum level of insurance coverage which is quite a lot higher than normal passenger car coverage, given the injury potential of an18 wheeler accident sometimes unless the company has excess coverage its just not enough insurance. [read post]
11 Sep 2008, 3:33 pm
Connecticut Insurance Commissioner Thomas Sullivan recently endorsed proposed federal legislation to streamline the insurance producer licensing process and establish uniformity in the qualifications that need to be met in order to conduct business in multiple states. [read post]
11 Mar 2021, 7:29 am by Leland Garvin
Following a federal trial, the insurer was ordered to pay $2.7 million. [read post]
22 Mar 2023, 12:15 am
  The bank was also required to meet the requirements of the Federal Deposit Insurance Corporation which insured the bank's deposits (to the limited extent provided by law). [read post]