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14 Feb 2020, 2:50 am
If you cannot sell because your systems are down or your facilities are inaccessible, business interruption insurance can provide the income replacement you need to stay afloat you go through the rebuilding process. [read post]
3 Apr 2015, 8:21 am
Kentucky law provides the following elements which the policyholder must prove in order to prevail against an insurance company for bad faith whether under common law or statute: (1) the insurer must be obligated to pay the claim under the terms of the policy; (2) the insurer must lack a reasonable basis in law or fact for denying the claim; and (3) it must be shown that the insurer either knew there was no reasonable basis for denying the… [read post]
22 Jan 2013, 6:28 am
If the statements are representations, then to avoid liability under the policy the insurance company must plead and prove: 1) the making of the representation; 2) the falsity of the representation; 3) reliance thereon by the insurance company; 4) the intent to deceive on the part of the insured in making the same; and 5) the materiality of the representation. [read post]
19 Mar 2021, 12:27 pm
It continues to play an outsized role in climate-destroying fossil fuel production by providing insurance to and by investing assets in fossil fuel companies. [read post]
8 Mar 2015, 7:21 pm
For purposes of subsection (a)(2), proceeds of insurance that would have been included in the spouse’s nonprobate transfers to others under Section 2- 205(1)(D) are not valued as if he [or she] were deceased. [read post]
9 May 2022, 1:22 am
Here are some other insurance policies provided by Uber for accidental cases. [read post]
26 Oct 2007, 10:34 am
) (2) It isn't exactly fair competition among insurers if the competing companies don't have access to equally accurate information. [read post]
27 Oct 2022, 5:36 am
One is the primary flood insurance which Congress found a need for as stated in the federal statute: (1) many factors have made it uneconomic for the private insurance industry alone to make flood insurance available to those in need of such protection on reasonable terms and conditions; but (2) a program of flood insurance with large-scale participation of the Federal Government and carried out to the maximum extent practicable by the private… [read post]
16 Aug 2014, 7:05 am
"A life insurance policy must provide that the policy of the policy and the application for the policy constitute the entire contract between the parties. [read post]
5 Mar 2024, 11:30 am
Step 2: Document Everything When facing communication issues with your insurance company, documentation becomes your best friend. [read post]
25 May 2022, 3:40 pm
CareFirst BlueChoice, the largest provider on Maryland’s individual market, with 149,043 members in the state, is requesting an average rate change of 11.2%. [read post]
3 Jul 2021, 6:02 am
If the statements are considered representations, then to avoid liability under the policy the insurance company must plead and prove: 1) the making of the representation, 2) the falsity of the representation, 3) reliance thereon by the insurance company, 4) the intent to deceive by the insured in making the same, and 5) the materiality of the representation. [read post]
24 Jul 2022, 7:48 pm
” On March 25, 2020, Cronos provided the excess insurer with written notice that it was electing to exercise the OEP option. [read post]
27 Jun 2024, 8:29 am
When IONM is performed remotely without in-person continuous physician oversight, reimbursement for IONM services by health insurers had been a contested issue between IONM providers and health insurers, resulting in the creation of new insurance claim […] The post Insurance Reimbursement Complications in the Age of Remote Patient Monitoring, by Attorneys Abbye Alexander, Christopher Tellner, and Henry Norwood, as published in the Benefits Law… [read post]
29 Oct 2012, 10:24 am
But what if an insured gave timely notice of a claim, but failed to provide a proof of loss? [read post]
21 Jun 2024, 10:40 am
E&O Insurance An E&O policy is an essential insurance product for providers of professional services, including law firms, architectural/engineering firms, financial services providers, real estate brokerages and others. [read post]
23 Oct 2022, 9:15 am
During Periods 2 and 3, there is a sizable amount of coverage provided by Uber and Lyft. [read post]
23 Oct 2022, 9:15 am
During Periods 2 and 3, there is a sizable amount of coverage provided by Uber and Lyft. [read post]
10 May 2018, 5:46 am
The terms of coverage for damage to the auto are fairly straightforward: “named-peril” coverage is provided on “covered autos. [read post]
17 Jul 2023, 9:04 am
The rejected money included $2 million for hospice care for children and $8 million for construction of community health centers. [read post]
