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On April 11, 2016, the Fourth Circuit Court of Appeals upheld a ruling by the Eastern District of Virginia that two Commercial General Liability (“CGL”) insurance policies required an insurer cover the defense of a medical records company in a class-action claim relating to alleged failure to secure patients’ medical records.[1] The Class Action and the Coverage Dispute On April 18, 2013, a class action was filed in state court in New York,… [read post]
27 Jun 2011, 3:42 am by Bob Kraft
Insurers generally give customers a couple of chances to appeal internally, but access to outside review varies. [read post]
Most importantly, the Second Circuit said, the district courts should focus on whether the company or the intern was the “primary beneficiary” of the relationship. [read post]
2 Aug 2011, 1:05 am by Kevin LaCroix
 Meanwhile, D&O insurers have to contend with the collateral damage resulting from the multitude of claims against China-based issuers and their directors and officers. [read post]
26 May 2010, 7:22 am
 The market in El Salvador, which is already dominated by international companies, continues to see improvements in operational efficiency but the tough economic environment appears to be negatively impacting loan delinquencies and premium receivables, Fitch said.The two smallest markets, Honduras and Nicaragua, saw improved loss ratios in 2009 but the Honduran market remained highly concentrated and Nicaraguan insurers were reported as the least efficient in Central… [read post]
26 May 2010, 7:22 am
 The market in El Salvador, which is already dominated by international companies, continues to see improvements in operational efficiency but the tough economic environment appears to be negatively impacting loan delinquencies and premium receivables, Fitch said.The two smallest markets, Honduras and Nicaragua, saw improved loss ratios in 2009 but the Honduran market remained highly concentrated and Nicaraguan insurers were reported as the least efficient in Central… [read post]
13 Oct 2011, 9:37 am
Again, rather than pay, or negotiate, the insurance companies appealed, calling the jury's verdict excessive. [read post]
19 Mar 2012, 2:33 pm by Samuel Sorich
 Among other things, SB 1448 would require an insurer that is a member of a holding company to file with the insurance commissioner statements affirming the maintenance of corporate governance and internal control procedures. [read post]
6 Sep 2006, 12:18 pm
  Both companies have appealed the case to the Chilean [read post]
8 Sep 2011, 4:36 am by Gregory Dell
In the past week, The Liberty Life Assurance Company of Boston (Liberty Life) was recently sued for denying disability insurance benefits to claimants in the states of Florida, South Carolina and Michigan. [read post]
9 Apr 2016, 6:11 am
 A corollary question to public disclosure is how broadly to disclose internally, to lenders, or to D&O insurers. [read post]
9 Apr 2016, 6:11 am
 A corollary question to public disclosure is how broadly to disclose internally, to lenders, or to D&O insurers. [read post]
21 Feb 2013, 1:06 pm
Two Farms: Court reverses what I'll even admit was a pretty draconian trial court sanction based on insurance company's violation of a scheduling order.Danner v. [read post]
10 Sep 2020, 5:24 am by Disability Lawyers Dell & Schaefer
They are generally clueless about what the disability insurance company wants. [read post]