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1 Apr 2021, 6:17 am
The importance of making sure that your insurance policies cover SEC investigations was hammered home this week when a federal district court in New York ruled that American International Group Inc. and Tokio Marine are not obligated to indemnify Hertz Global Holdings Inc. for $27 million in costs incurred in connection with an SEC investigation.AIG unit National Union Fire Insurance Co. had issued Bonito Springs, Florida-based Hertz a $15 million insurance policy… [read post]
17 Nov 2009, 6:02 am
Twenty-eight motor carrier companies, representing more than 200,000 trucks, were found to have trucks in violation of federal safety laws. [read post]
12 Dec 2016, 6:01 am
On Tuesday, the United States Supreme Court upheld a jury verdict that found State Farm Insurance Company (“State Farm”) defrauded a federal flood insurance program to avoid paying a homeowner’s insurance claim in the wake of Hurricane Katrina. [read post]
12 Dec 2016, 6:01 am
On Tuesday, the United States Supreme Court upheld a jury verdict that found State Farm Insurance Company (“State Farm”) defrauded a federal flood insurance program to avoid paying a homeowner’s insurance claim in the wake of Hurricane Katrina. [read post]
18 Feb 2012, 7:35 am
The bad faith claim against Sentry Select Insurance Company originated from a collision on U.S. [read post]
1 Aug 2019, 12:40 pm
Specifically, they claim it forces them to purchase health insurance that makes them compliant in actions outside their religious beliefs or forego it entirely. [read post]
18 Feb 2010, 7:00 am
The Government Accountability Office estimates that employee misclassification results in an estimated underpayment of $2.72 billion in social security, unemployment insurance and income taxes by companies annually. [read post]
29 Jul 2012, 5:03 pm
” The “stable value protected writer” is a third-party who allows companies to protect themselves against the volatility of insurance policies’ market values by guaranteeing the book value of an insurance policy regardless of its market value. [read post]
29 Apr 2020, 9:00 pm
Insurance companies are averse to risk so the insurance policy premiums will be pricey. [read post]
8 Aug 2023, 11:05 am
Note: There are many workers’ compensation insurance companies. [read post]
21 Apr 2020, 4:11 pm
Health Insurance Illinois: On April 20, Illinois released Company Bulletin 2020-11, which announces Emergency Rulemaking under 50 Ill. [read post]
22 Sep 2009, 3:22 pm
Going on this week, the Baucus markup of a bill without a real public option, to appease mainly health insurance companies that will get a captive audience of insureds, federal payments for those at the bottom, without giving up their "economic rent" profits, which is one of the main things driving up health costs in this country. [read post]
17 Jul 2019, 5:38 am
Amguard Insurance Company. [read post]
12 Aug 2011, 3:29 pm
These Proposed Regulations provide that the credit may be advanced by the Department of Treasury directly to the insurance company. [read post]
1 Nov 2012, 10:40 pm
The federal government provides the majority of the flood insurance throughout Florida. [read post]
29 May 2014, 6:00 am
April 7, 2014 Conaboy, J.), United States Federal Court Judge Richard P. [read post]
9 Oct 2014, 7:38 am
The Northern District of Texas has ordered a portion of a dispute between a medical practice and an insurance company to arbitration and urged the parties to mediate their remaining claims. [read post]
24 Oct 2022, 7:37 am
And while companies often turn to their insurance to recover their resulting loss, insurance companies are largely denying coverage for wire fraud transactions arguing that certain actions – whether it’s the insured’s employee or fraudulent instructions from a bad actor that may not exactly fit the policy requirements – break the causal chain between the bad actor’s use of the computer and the insured’s loss. [read post]
15 May 2007, 12:00 pm
State Farm Insurance Companies have come under fire in Mississippi, Oklahoma and elsewhere recently because of denial of claims and or failure to pay what they owed. [read post]
5 Nov 2009, 11:03 pm
One of the concerns is that employees will forgo genetic t4esting because they fear discrimination in the workplace, or from health insurance companies. [read post]
