Search for: "Federal Insurance Company "
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6 May 2011, 2:50 pm
The federal government has brought a civil action against mortgage giant Deutsche Bank and its subsidiary MortgageIT, alleging that the companies bilked the Federal Housing Administration out of $386 million in FHA mortgage insurance claims. [read post]
3 Sep 2014, 8:35 am
Court of Appeals for the Eleventh Circuit, which oversees federal appellate cases in Alabama, Georgia and Florida, recently ruled an auto insurance company has no duty to indemnify a defendant under his employer's policy for an incident in which the defendant killed one and wounded another with a shotgun while driving his work van. [read post]
1 Jun 2009, 3:28 pm
The required test outlined by the Federal Reserve today is: "Any [U.S. bank holding company] seeking to redeem U.S. [read post]
5 Oct 2012, 1:04 pm
” asked Michael Carlson, of the Personal Insurance Federation of Florida, which represents some of the largest insurance companies. [read post]
20 Aug 2010, 9:42 am
According to Senator of Susan Collins, author of Section 171, it is the intent of Section 171(b)(7) to require the federal banking agencies, subject to the recommendations of the Financial Stability Oversight Council, to develop capital requirements applicable to insured depository institutions, depository institution holding companies, and nonbank financial companies supervised by the Federal Reserve Board that are engaged in activities that are subject… [read post]
15 Sep 2020, 8:26 am
Chapters include, Banking Regulation: Overview and Rationales, The Power of Banks and Bank Holding Companies, Regulation of Deposits and Federal Deposit Insurance, and Enforcement Mechanisms and Sanctions.Need help navigating LexisNexis Digital Library? [read post]
25 May 2011, 12:20 pm
-Insurance companies are not banks, and are not federally guaranteed (unless you are AIG, but that's an anomaly). [read post]
18 Jul 2018, 8:29 am
Insurance companies, after all, operate on float. [read post]
9 Mar 2011, 3:27 am
It is sold through more than 90 companies that collect premiums on behalf of the Federal Emergency Management Agency ("FEMA") for a fee. [read post]
10 Jun 2014, 11:17 am
After settling with the original defendant, the plaintiffs in a class action sued the defendant’s insurance company over a $2 million policy. [read post]
14 Nov 2010, 9:46 am
Also, because the insurance company has legal status as your agent in matters connected with that policy it does need to know where and how to contact you. [read post]
29 Sep 2023, 4:26 pm
Introduction A U.S. federal government shutdown creates a number of direct and indirect consequences that impact U.S. companies, individuals and virtually every aspect of the U.S. economy. [read post]
22 Jun 2010, 4:07 am
Federal law requires homes with federally backed mortgages in flood-hazard areas to have flood insurance. [read post]
15 Jan 2011, 7:31 am
The insurance industry wanted to avoid a public option, which would have allowed individuals to avoid buying insurance from a private company. [read post]
27 Oct 2017, 7:30 am
Since marijuana is still illegal under federal law, insurance companies are prohibited from writing policies for businesses that are engaged in a criminal enterprises. [read post]
3 Sep 2013, 10:36 am
My theory is that under Maryland law, insurance companies have an obligation to their insureds to tender the policy limits in a case as soon as a reasonable, prudent insurance company would realize that they must do so to protect the interests of their client. [read post]
17 Feb 2010, 3:46 pm
Insurer State Farm has confirmed that it had brought instances of unintended acceleration in Toyota vehicles to the attention of the NHTSA, as far back as 2007. [read post]
28 Feb 2021, 8:54 am
As I noted in a recent post (here), a recurring public company D&O insurance coverage issue is whether a claim in which a company is involved qualifies as a “Securities Claim. [read post]
31 Oct 2017, 7:32 am
However, as discussed above, federal regulations prohibit insurance companies from writing policies to cover those in the medical marijuana business. [read post]
27 Feb 2023, 4:36 am
What has the insurance company paid, and for what? [read post]
