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15 Jul 2016, 5:50 am by Joe Consumer
With the simple stroke of a pen, Alabama became the first state in the nation to approve “forced arbitration” clauses in insurance policies, abolishing policyholders’ rights go to court against insurance companies or insurance agents for payment of their claims - even if the agent stole the policyholder’s money. [read post]
3 Aug 2010, 3:43 am by Dan Frith
CRC Insurance Services, Inc, describes itself as one of the leading wholesale insurance brokers in the nation, with 29 offices across the country. [read post]
16 Jun 2014, 4:30 am by Shaun Marker
It can be common for insurers to remove state court complaints filed against them in property insurance cases where the insurance carrier is a national or international insurer (is domiciled out of state) and the amount in dispute between the parties exceeds $75,000. [read post]
17 Sep 2018, 2:14 pm by Sabrina I. Pacifici
Even as nationally known insurance companies pulled out of the state’s coastal communities, development boomed along the shore, despite the threat from a megastorm like Harvey or Maria. [read post]
10 Jul 2012, 5:22 am by Nicholas J. Wagoner
” Not surprisingly, this question—whether state insurance law may “reverse preempt” a treaty guaranteeing the reciprocal enforcement of arbitration agreements and awards in signatory nations—has led to a split among the circuit courts. [read post]
19 May 2009, 1:54 am
Last month, the Obama Administration stated its position on the reauthorization of the National Flood Insurance Program (“NFIP”). [read post]
26 Sep 2019, 6:23 am by skelly
Code §101.301 (“A person investigating or adjusting a loss or claim on a subject of insurance in this state shall immediately report to the department an insurance policy or contract that has been entered into by an insurer that is not authorized to transact the insurance in this state. [read post]
18 Feb 2011, 8:48 am
More than 100 doctors, nurses and physical therapists from eight states including California were charged yesterday with healthcare insurance fraud for overbilling the nation’s Medicare program. [read post]
23 Apr 2009, 2:12 am
  Alternatively, many smaller insurers, consumer advocates and state insurance regulator associations oppose H.R. 1880. [read post]
8 Nov 2011, 1:55 am
On November 3, 2011, Sheila Bair, former Chairwoman of the Federal Deposit Insurance Corporation (“FDIC”), in a speech to attendees of the national fall meeting of the National Association of Insurance Commissioners, focused on systemic risk posed by credit-default swaps on the United States financial system. [read post]
10 Mar 2009, 6:05 am
States Give Regulatory Relief to Insurers” David S. [read post]
29 May 2024, 8:43 am by Patrick Davis
Coastal states may be hardest hit, but insurance challenges are quickly becoming a national problem. [read post]
5 Jul 2011, 7:10 am by Mark S. Humphreys
National Union did not inform Morris he was an insured, nor did it offer to defend him. [read post]
31 Oct 2011, 9:23 am by Timothy B. Lee
The United States has a decentralized, state-based system for regulating the insurance industry. [read post]
30 Jul 2011, 7:01 am by Mark S. Humphreys
Courts applying Texas law follow the standard articulated in the case, Scottish Union & National Insurance Company v. [read post]
17 Mar 2020, 12:30 pm by Josephine Wolff
In 2018, the National Bank of Blacksburg filed a lawsuit against its insurer, Everest National Insurance Co., after two cybersecurity incidents in 2016 and 2017 cost the bank $2.4 million. [read post]