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13 Nov 2017, 9:12 am
In very broad terms, the “maintenance deductible” concept in the Bermuda Form was an innovative solution to this recognized problem.2 The Bermuda Form sought to strike a balance between the legitimate interests of policyholder and insurer. [read post]
28 Nov 2022, 6:38 am
Enforceability of Binders When an insured needs coverage immediately, an insurance agent may sometimes issue a binder that provides protection while a more detailed policy is drawn up. [read post]
30 Aug 2019, 8:14 am
Among other things, R&W insurance can: (1) reduce or eliminate a seller’s need to indemnify the buyer; (2) reduce or eliminate the need to hold back a portion of the sales price in escrow to fund any such indemnification from the seller; (3) extend the survival period of the sellers’ representations and warranties to provide for a longer period in which a breach can be discovered and pursued; (4) reduce the risk that the buyer will pursue the sellers for… [read post]
3 Feb 2022, 7:27 am
Id. at 2. [read post]
9 Dec 2019, 2:04 am
We Can Help The types of business insurance discussed above, among others, can provide essential protection for your business. [read post]
24 Apr 2014, 6:29 am
This policy will terminate on the earlier of (1) the date of the insured's death, or (2) the final expiry date. [read post]
9 Mar 2007, 11:08 am
This will provide substance to a Crummey withdrawal right.c. [read post]
25 Feb 2023, 9:30 am
3) Contact Your Insurance Provider – You should also contact your insurance provider as soon as possible after an accident so that they can begin working on your claim immediately. [read post]
27 Nov 2017, 9:30 am
What 2 – 3 questions do you wish your clients would ask you? [read post]
24 May 2015, 7:15 am
He did not provide items 4-8. [read post]
20 Aug 2022, 5:34 am
Nationwide Mutual Insurance Company. [read post]
20 Mar 2020, 12:46 pm
Employers should provide notice to affected employees of their coverage by these new provisions. [read post]
27 Dec 2016, 4:19 pm
Provisions Appearing As Policy Terms or As Riders (2 of 2) In this series of posts we are discussing policy riders, the add-ons to your basic disability insurance policy that provide additional terms or benefits in exchange for higher premiums. [read post]
5 Mar 2010, 4:27 pm
McKee, decided in 1997, (2) State Farm Fire & Casualty Company v. [read post]
20 Sep 2022, 7:41 am
[2] Id [read post]
9 May 2013, 8:21 am
This section says "A life insurance policy may provide for a settlement that will be less than the amount required ... if the death of the insured is: (1) by the insured's own hand regardless of whether the insured is sane or insane; (2) caused by following a hazardous occupation that is stated in the policy; or (3) the result of aviation activities under conditions specified in the policy and approved by the Department of Insurance." [read post]
7 Sep 2016, 9:45 am
If the court determined the limit was $2 million, the agreement was that the insurance company would pay another $550,000. [read post]
20 May 2013, 1:58 am
McMurtrey sought to recover $1.8 million in commissions and $2 million in punitive damages. [read post]
23 Dec 2010, 2:13 pm
He did not give any explanations of health problems in the space provided. [read post]
6 Nov 2017, 2:09 pm
N.J.S.A. 39:6B-2. [read post]