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27 Sep 2017, 6:45 am
In the Guidance Document, DNB provides guidance on and good practices for the most important elements and principles under the Solvency II Directive to ensure data quality, including data identification, data controls and data monitoring. [read post]
13 Jan 2018, 2:00 am
InsuredSupport® is designed to (1) provide a temporary financial bridge on behalf of the Responsible Party, during qualifying periods of unemployment, (2) helps the Responsible Party meet their legal and financial obligations under a court decree and/or marital settlement agreement, and (3) provides financial income to the financially dependent Recipient Party. [read post]
3 Nov 2016, 4:17 pm
Insured Exclusion provided in pertinent part that the policy does not provide coverage for any claim against an Insured “brought by or on behalf of any Insured or Company [including the Bank] in any capacity. [read post]
16 Oct 2007, 11:18 am
Senator Grassley has asked the largest long-term care insurers to provide detailed information on how policyholder claims, inquiries and denials are handled and whether employees receive rewards for denying claims. [read post]
6 Jul 2012, 2:48 pm
The bill attempts to require two major rate reductions from insurers: one by October 1, 2012 that is to provide at least a 10 percent reduction to the insurer’s current rate, and another by January 1, 2014 that is to provide at least a 25-percent reduction. [read post]
18 Mar 2020, 2:15 pm
King, Georgia’s Insurance Safety Fire Commissioner issued Bulleting 20-EX-3 (the “Bulletin”), stating that the Georgia Department of Insurance will offer expedited review for two new endorsement forms relating to business interruption insurance and COVID-19. [read post]
24 May 2023, 10:09 am
The settlement included three (3) separate insurance companies with one (1) providing $1.5 million and the other two (2) companies agreeing to $750,000.00 each toward the 3 million settlement. [read post]
2 Feb 2012, 7:12 am
Justice Johnston provided the following reasons: [6] Rule 7-1(4) reads: (4) Despite subrule (3), information concerning the insurance policy must not be disclosed to the court at trial unless it is relevant to an issue in the action. [7] Subrule (3) requires a party to list in his or her list of documents insurance policies that, generally speaking, might be available to satisfy a judgment in whole or in part should… [read post]
9 Mar 2011, 7:16 am
The judge held that the terms of the 30 October Licence permitted the Club to “continue to provide insurance cover in accordance with the Blue Cards issued to IRISL for a period of 3 months [or until the Club was] discharged from liability by the State Authorities to whom the Blue Cards have been issued, whichever is the sooner”. [read post]
1 Aug 2016, 3:52 am
The company filed a declaratory judgment action against the insurer, and then filed a motion for partial summary judgment seeking to establish that the insurer was obligated to provide the company with a defense in the underlying actions. [read post]
11 Sep 2015, 9:14 am
In addition to suing the current and former owners of the neighboring property, the Rosses also sued the insurance companies who provided homeowners’ coverage to the former owners of the neighboring property, for bad faith in not resolving the loss fully. [read post]
1 Jun 2012, 1:55 pm
Glinsey provided no evidence that she actually owned the items alledegly stolen. [read post]
31 Dec 2019, 3:00 am
The Puerto Rico Insurance Code provides that the right of subrogation is “[t]he right of an insurer to recover damages who has been called to pay an insured under his policy. [read post]
2 Aug 2019, 3:03 pm
” Issues involve whether an automobile insurance policy issued to a PSC as sole named insured of listed covered vehicles owned by the PSC provides first class coverage to the PSC owner injured while riding a bicycle. [read post]
19 Nov 2019, 3:00 am
United Policyholders is tackling the insurance gap coverage problem by providing staff and resources to collect rogue property insurance policy forms being issued by insurance companies, to show examples of how insurers are stepping over each other to silently gain... [read post]
17 Mar 2011, 8:26 am
The statute provides that if an insurer is found to have acted in bad faith, several penalties are available to the claimant. [read post]
3 Oct 2010, 5:29 pm
On September 3, 2010, the U.S. [read post]
16 Feb 2010, 12:58 am
The Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) has recently published its final set of advice on Solvency II Level 2 Implementing Measures and the first consultation on Level 3 Guidance.The final Level 2 Implementing Measures, released on 29 January 2010, relate to a number of diverse areas including captives, calculation of the SCR and partial internal models. [read post]
10 Feb 2023, 4:21 pm
The law provides a rebuttable presumption of the owner’s knowledge if the dog causes personal injury or death. [read post]
12 Feb 2015, 1:31 pm
Are you insured? [read post]
