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19 Apr 2010, 7:35 am
Life settlements are described as the sale of a life insurance policy to a third party in which the new owner continues to pay the premiums and receives the face value of the policy at maturity, while the original policy owner receives a lump sum cash payment.According to the SEC, the Task Force "will consider, among other things, the application of the federal securities laws to life settlements, the emerging role of securitization, the life settlements… [read post]
14 Nov 2022, 7:11 am
For example, there’s no mandatory liability insurance you have to have coverage for,” Castoria said, adding that he urges e-bike owners to consult with their home and auto insurers to nail down what would be covered in the event of an accident or theft. [read post]
11 Feb 2015, 4:54 am
Seascape Owners Association,1 where the client sued its public insurance adjuster's firm for declaratory relief that the firm was not entitled to any additional compensation under their contract. [read post]
6 Feb 2013, 9:00 am
In Part One of this series, we looked at insurance for employment-related claims against business owners and managers. [read post]
4 Nov 2014, 3:30 am
., (“Wakefern”) “is a buying cooperative of owners/operators of Shoprite and PriceRite supermarkets that purchased commercial property insurance from Lexington Insurance Company (“Lexington”). [read post]
10 Apr 2008, 2:45 pm
A contrary decision, which some commentators estimated would have cost the insurance industry more than $3 Billion, would have been a short term gain to some insured in New Orleans and surrounding areas, but a long term disaster for the other citizens and business owners in Louisiana in terms of future premiums, carrier insolvencies, and the unavailability of affordable property insurance statewide. [read post]
13 Apr 2011, 4:12 am
Should whole life insurance policies with cash values be transferred to the owner at termination or retirement? [read post]
30 May 2013, 7:48 am
For example, if the policy owner, insured party, and beneficiary are three different people, then gift taxes may be implicated. [read post]
15 Aug 2012, 11:43 am
In eminent domain cases that result from transportation projects or any public use project, an owner’s only remedy is to insure that full payment is received for the property taken (direct damages) and any resulting loss in value to the property that remains (indirect, or severance damages). [read post]
19 Nov 2011, 5:38 am
A Public Adjuster works for the property owner, not the insurance company. [read post]
27 Jan 2020, 12:06 pm
These obligations include taxes, utilities, maintenance, insurance, and financial liability for injuries suffered on the property. [read post]
4 Apr 2021, 3:18 pm
Insurance company State Farm is breathing a little easier after a Cook County judge recently dismissed a putative class action lawsuit filed against the insurer by the owner of an Evanston restaurant over the insurer’s denial of loss of income claims. [read post]
9 Jul 2009, 9:05 pm
By taking on potentially dangerous work that they haven't effectively trained for, business owners may put themselves at greater risk for getting hurt (and, therefore, for filing workers' compensation claims). [read post]
16 Sep 2016, 9:22 am
Any injured parties should consult with a Florida premises liability attorney to discuss the possibility of compensation for their injuries through a negligence claim against the property owner or insurance provider involved. [read post]
16 Sep 2016, 9:22 am
Any injured parties should consult with a Florida premises liability attorney to discuss the possibility of compensation for their injuries through a negligence claim against the property owner or insurance provider involved. [read post]
31 Jul 2017, 5:38 pm
However, the list of potential claimants in a private company D&O claim is not limited just to shareholders or owners. [read post]
9 Feb 2011, 9:21 am
Unless you're a small-business owner or Depression-era historian, you probably have no idea where the money for UI comes from or who sets the rules for the program. [read post]
16 Jan 2011, 12:25 pm
The dry dock owner hired its sister company, a ship builder, to repair the dock. [read post]
21 Jun 2022, 11:39 am
It helps if the dog owner has asset or home owners or renter’s insurance. [read post]
18 Oct 2012, 1:23 pm
” She was aware of confusion over rebuild insurance among property owners. [read post]