Search for: "Excess Insurance Company Limited"
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22 Nov 2021, 7:23 am
In that situation, excess insurers in Side ABC towers may not automatically respond until the insureds step up and pay the unfunded losses that otherwise would have satisfied insolvent insurer’s limits. [read post]
6 Oct 2010, 12:23 pm
” The insurance company continued to refuse to settle for anything more than the policy limits. [read post]
21 Oct 2009, 2:53 am
In order to prevent an outcome that is not a "result that anyone intended," the memo suggests that the private equity firm’s D&O insurance policy should incorporate wording in its "other insurance clause" stating that with respect to a portfolio company claim against a private equity firm representative on the portfolio company’s board, the portfolio company’s D&O… [read post]
9 May 2017, 4:52 pm
(In public company D&O insurance policies, the Side C entity coverage is limited to corporate liabilities under the securities laws.) [read post]
11 Mar 2012, 2:00 pm
The Fifth Circuit Court of Appeals limited a policyholder’s recovery in its most recent opinion, National Union Fire Insurance Company v. [read post]
2 Oct 2021, 7:44 am
Where “liability is clear, and injuries so serious that a judgment in excess of the policy limits is likely, an insurer has an affirmative duty to initiate settlement negotiations. [read post]
11 May 2023, 6:53 am
However, the insurer has a duty of good faith to the insured to make reasonable settlement decisions to protect the insured from a judgment in excess of the policy limit. [read post]
27 Feb 2007, 5:00 am
"We now hold that in order for an insured or an assignee of an insured to recover the amount of a verdict in excess of the applicable insurance policy limits from an insurer pursuant to this Court's decision in Shamblin, the insured must be actually exposed to personal liability in excess of the policy limits at the time the excess verdict is rendered," Maynard wrote. [read post]
27 Feb 2007, 5:00 am
"We now hold that in order for an insured or an assignee of an insured to recover the amount of a verdict in excess of the applicable insurance policy limits from an insurer pursuant to this Court's decision in Shamblin, the insured must be actually exposed to personal liability in excess of the policy limits at the time the excess verdict is rendered," Maynard wrote. [read post]
15 Aug 2021, 2:53 pm
The cost of fiduciary liability insurance is going up as well. [read post]
15 Jan 2023, 8:15 am
And there was clear and convincing evidence right off the bat that the injuries involved were so serious that any damage claims would be well in excess of the policy limits. [read post]
11 Dec 2017, 11:50 am
However, the plaintiff sustained damages in excess of that amount. [read post]
31 Jan 2019, 11:03 am
Specifically, the opinion will have a profound impact on insurance coverage for energy companies, as the “energy package” insurance form issued to Anadarko is commonly used in the energy sector, especially by oil & gas companies. [read post]
17 Nov 2017, 6:35 am
– There are a number of discounts that insurance companies offer. [read post]
3 Jun 2010, 9:45 am
The Department does recognize that insurers do need to limit exposure to anti-selection and that proportional reductions in the benefits are a common way to do this. [read post]
16 Sep 2013, 2:51 pm
PIP will then pay for all remaining medical bills in excess of $5,000 up to the policy limit. [read post]
29 Aug 2011, 2:08 am
The structure of IndyMac’s insurance was somewhat unusual, as it is not common for companies to carry equal amounts of traditional ABC insurance and of Excess Side A insurance, or to carry $40 million of Excess Side A, as IndyMac did here. [read post]
20 Jun 2012, 4:24 pm
Allstate Insurance Company et al., 2012 U.S. [read post]
2 May 2013, 1:14 am
A presentation of the several Triggers is shown as follows: Trigger 1: Exhaustion of the insured limit of the Company’s D&O Policy The first Trigger is the exhaustion of the insured limit of the Company’s D&O Policy (Primary and Excess layers). [read post]
29 May 2013, 9:25 am
This means that if a driver has the minimum insurance required and is at fault in an accident, any single person who is injured can collect up to $20,000 from the driver's insurance company but that the insurance company is only liable for up to $40,000 in injury damages, regardless of how many people are injured. [read post]
