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26 Jul 2022, 2:53 pm by Kevin LaCroix
Due to the exclusion of intent in the D&O insurance, an active participation of the management in the commissio [read post]
26 Jul 2022, 9:50 am by Chip Merlin
Typically, the cost of rebuilding a home is assumed at least in part by private insurance companies, but many homeowners are significantly underinsured for disaster-related losses. [read post]
26 Jul 2022, 7:05 am by John Jascob
By Suzanne CosgroveA state appeals court has affirmed a decision by the Iowa Insurance Division that two salesmen from Texas company Carson Energy, Inc., violated the state’s blue-sky laws. [read post]
26 Jul 2022, 6:16 am by Filip Lubinski and Lazar Radic
It revealed to us that—for centuries, if not millennia—companies in various industries—from togas to wine, from cosmetics to insurance—had, in fact, always preferred their own initiatives over those of their rivals! [read post]
25 Jul 2022, 9:06 pm by Brinna Ludwig
Lawmakers attempted to make it so that when a patient receives a surprise medical bill, the insurance company and the health care provider work out payment through arbitration—rather than burdening the patient with the task of fighting the fee. [read post]
25 Jul 2022, 5:00 am
The insurance company additionally argued that a person could only have one “residence. [read post]
24 Jul 2022, 7:00 am by Chip Merlin
’)…’ For a first party insurance breach of contract claim, the action accrues when the insurance company sends a letter to the insured detailing its decision to deny the claim or its decision to pay the claim with payment included which the insured disagrees with, as long as the insurance company never changes its position on the claim. [read post]
24 Jul 2022, 2:52 am by Cari Rincker
  The lease may also require that the lessee follow certain specified safe operating procedures, as well as any applicable state and federal laws, manufacturer warranties, and insurance restrictions. [read post]
22 Jul 2022, 6:19 am by Leland Garvin
Note that federal minimum insurance coverage for interstate trucker insurance is usually somewhere between $750,000 to $1 million. [read post]
22 Jul 2022, 6:19 am by Leland Garvin
Note that federal minimum insurance coverage for interstate trucker insurance is usually somewhere between $750,000 to $1 million. [read post]
22 Jul 2022, 5:35 am by Chip Merlin
“The purpose of insurance commissioners is to maintain fair pricing for insurance products, protect the solvency of insurance companies, prevent unfair practices by insurance companies, and ensure availability of insurance coverage. [read post]
20 Jul 2022, 7:26 am by Michael Ehline
A federal government study found that around 800 people die annually from motor vehicles accident accidents. [read post]
Shortly after Voyager’s announcement, the Federal Deposit Insurance Corporation (“FDIC”) announced that the agency is investigating how Voyager marketed itself to customers. [read post]
19 Jul 2022, 2:59 pm by Kevin LaCroix
Introduction   Five years ago, we surveyed a decade’s worth of federal district court decisions on motions to dismiss securities claims brought against development-stage biotech companies to answer an important question: are these cases more likely to survive a motion to dismiss—and therefore riskier to insure against—than other securities class actions, as D&O insurers have traditionally assumed? [read post]
19 Jul 2022, 6:15 am by Chip Merlin
But some federal lawmakers and industry watchdog groups contend that the revolving door creates an atmosphere and relationship that is unhealthy and makes it easier for insurance companies to shape regulation to their advantage. [read post]
18 Jul 2022, 1:31 pm by Aleksandra Vold
On July 8, 2022, following the Supreme Court’s decision in Dobbs, the president signed an executive order that called on a number of federal agencies to take steps to protect reproductive rights. [read post]
18 Jul 2022, 2:36 am by Friedman, Rodman & Frank, P.A.
A federal appellate court recently reversed a jury verdict that was in favor of an insurance company because the jury had not been properly instructed considering the good faith requirement. [read post]
17 Jul 2022, 11:54 am by Kevin LaCroix
A complete insurance structure in connection with SPACs and SPAC-related transactions clearly must include insurance protection for the SPAC executives and even for the SPAC sponsor. [read post]