Search for: "Indemnity Insurance Corporation"
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10 Sep 2019, 8:03 pm
The court held that Delaware law, unlike California, did not preclude an insurance indemnity payment for an insured’s fraud, and required the insurers to demonstrate prejudice from the insureds’ violation of the consent provision. [read post]
8 Apr 2013, 4:37 am
Based on the Florida Department of State, Division of Corporations data, there are about 2 million active businesses in the state as of March 2013. [read post]
26 Aug 2020, 2:56 pm
Indemnity provisions need to be clear and responsive. [read post]
13 Apr 2017, 10:14 am
The primary insurance company’s corporate designee admitted under oath that there was no possibility that excess coverage would ever be reached. [read post]
13 Apr 2017, 10:14 am
The primary insurance company’s corporate designee admitted under oath that there was no possibility that excess coverage would ever be reached. [read post]
1 Mar 2011, 7:18 am
As you may have seen in recent insurance news, the United States workers compensation system turns 100 this year. [read post]
10 Nov 2021, 8:21 am
The reversal was based in part on previously overlooked testimony by National Union’s corporate designee that indictments stemming from the subpoena were indeed “Claims” for “Wrongful Acts” by insureds. [read post]
24 Aug 2011, 5:29 pm
Hoffman is accused of fraudulently billing the City of Los Angeles and 19 insurance companies including Berkshire Hathaway Homestate Companies, California State Compensation Insurance Fund, Chartis division of American International Group, CNA Commercial Property and Casualty Insurance, Crum & Forster Holdings Corporation, Employers Insurance, FirstComp Insurance, Fireman’s Fund Insurance Company, The Hartford… [read post]
2 May 2008, 9:16 am
" CORPORATION & ENTERPRISE LAW, GOVERNMENT LAW, PROPERTY LAW & REAL ESTATE, PUBLIC UTILITIES "Jericho Water Dist. v. [read post]
14 Jun 2012, 4:04 pm
Particularly if the prospective partner wants an indemnity or hold harmless you aren’t in a position to give because you don’t know what exposures you’re potentially buying. [read post]
24 May 2013, 12:00 pm
ANX Corporation reports that the average direct cost of a credit card breach to a restaurant is $80,000. [read post]
2 Mar 2011, 5:54 pm
Partners and corporate officers can elect to exclude themselves from work comp insurance coverage. [read post]
3 Nov 2017, 10:00 am
I have written before that corporate indemnity procedures, whether rooted in internal documents like bylaws or through state statute, are the potential game-changer and equalizer in competition suits. [read post]
9 May 2012, 2:30 pm
The report: •concludes that it would be inappropriate at this point in time, to introduce a ‘last resort’ compensation scheme, without first strengthening the existing compensation arrangements; •recommends strengthening the existing compensation arrangements, in particular the holding of adequate professional indemnity insurance cover, greater ASIC monitoring and capital adequacy requirements to ensure that licensees have the financial resources to meet… [read post]
15 Jan 2014, 8:17 am
Insurance Corporation of British Columbia, the general rule for awarding aggravated damages is to compensate the injured rather than punish the wrongdoer. [read post]
18 Mar 2015, 6:30 am
When this happens and the employer continues to pay the employee’s salary yet “donates” the employee’s time to the charity (rather than having the insurance company pay workers comp indemnity lost wages), are the wages a charitable donation? [read post]
3 Apr 2013, 1:32 am
It is fine for Buffett and his billionaire board members to disdain D&O insurance (particularly given that the corporate indemnity that Berkshire provides is more financially sound than any insurance commitment would be), but persons of more ordinary means can ill afford to run the risk of uninsured board service. [read post]
18 Sep 2018, 2:00 am
Liberty Surplus Insurance Corporation, et al. v. [read post]
18 Sep 2018, 2:00 am
Liberty Surplus Insurance Corporation, et al. v. [read post]
24 Jul 2013, 2:40 pm
While the underlying action was settled, a dispute remained between Bituminous Casualty Corporation, which insured the GC, and Hartford, which insured the developer.Hartford asserted third-party claims against Canal seeking a declaration of Canal’s obligations and contribution in the event Hartford owed any defense or indemnity obligations to the GC. [read post]
