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30 Jan 2017, 4:28 pm
The agreement followed an extensive investigation of alleged bribery involving the company’s operations in a number of different countries. [read post]
23 Jan 2020, 5:00 am
Country Rate Belgium 0.09-1.32% Philippines 0.6-1.5% Poland 1% India 0.001-0.125% South Africa 0.25% South Korea 0.15- [read post]
3 Jun 2024, 8:01 am
After the country endured another mass shooting -- this one in Parkland, Florida, which killed 17 students and staff members -- the Superintendent of the New York Department of Financial Services -- which regulates insurance companies and financial services companies -- sent a letter to organizations that administered insurance policies to National Rifle Association members. [read post]
21 Dec 2022, 12:23 pm
” The CPA has significant implications for companies and their insurance programs. [read post]
4 Sep 2009, 1:47 pm
"Insurance carriers do not financially reward their employees for denying claims. [read post]
18 Jan 2018, 7:47 am
UK banks and insurance companies that are affected by Brexit have been approaching regulators in the EU27 jurisdictions (primarily in Germany, Ireland and France, and one or two smaller countries) regarding authorisation. [read post]
24 Apr 2021, 10:01 am
Even worse, is having to deal with insurance companies while worrying about your medical bills and lost income. [read post]
7 Jul 2014, 4:17 am
If nothing else, this case is a reminder that the most important criterion in choosing an insurer is financial solvency. [read post]
23 Jun 2020, 3:00 am
He asked for a $1 million judgment against Dream and Small based on the portion of the Illinois Code of Civil Procedure, Section 2-2301, aimed at insurance companies that slow walk settlement payments. [read post]
6 Jun 2011, 4:44 pm
"Insurance regulators and state controllers across the country are examining life insurance companies to understand whether they are using information they have that indicates a policyholder has died and whether they are paying out benefits appropriately. [read post]
2 Mar 2020, 11:25 am
Companies may also have insurance policies affording repatriation or medical evacuation coverages for executives abroad who may be impacted by coronavirus. [read post]
31 Aug 2012, 9:44 am
These costs will likely continue to increase with time given inflation and changes in healthcare policy in our country. [read post]
3 Mar 2009, 5:09 am
for this is simple: the weather and risk level of the Gulf Coast places the financial burden on citizens to properly maintain insurance on their homes and property. [read post]
5 Apr 2012, 9:36 am
The New York Department of Financial Services has been sending out formal document requests and subpoenas to a host of insurance companies, demanding that they answer how their loss ratios and rates were determined. [read post]
29 Jan 2013, 4:59 am
As we’ve written about many times before, Michigan has had some of the highest auto insurance rates in the country. [read post]
6 Nov 2022, 10:27 am
Companies that have completed a financial restatement must provide extensive disclosures, including, among other things, the date the company was required to prepare an accounting restatement; the amount of erroneously awarded compensation and how the amount was calculated. [read post]
14 Jun 2010, 1:54 am
Section 304 provides that if a company restates its financials, the company’s CEO and CFO, who certified the financial statements under Sox Section 302, "shall reimburse" the company for any bonus compensation received during the 12 months following the restated period, as well as any stock sale profits earned during those twelve months. [read post]
25 Mar 2010, 7:00 pm
The same AIG that the U.S. government bailed out with taxpayer dollars after the insurance group failed to set aside reserves for large financial risks that it took in selling derivative contracts. [read post]
22 Oct 2019, 5:04 am
This may well be a worthwhile use of public monies, as no one in this country should suffer for the financial inability to pay for health care, but to what extent? [read post]
20 Aug 2020, 6:31 am
In essence, the coverage available through Hartford and other disability insurance companies comes through either a short-term or long-term policy. [read post]
