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17 Nov 2015, 1:56 pm by Gregorgy Dell
Anthem Life Insurance Company provides an example of how claimants of long term disability benefits may sabotage their own case. [read post]
5 Apr 2019, 3:00 am by Christopher Tyner
This week federal prosecutors announced that they have charged the chairman of the North Carolina Republican Party, Robin Hayes, and a political donor who owns an insurance company, Greg Lindberg, with attempting to bribe State Insurance Commissioner Mike Causey. [read post]
21 Jan 2010, 8:11 pm by structuredsettlements
...Life insurance companies are also backed by state guarantee funds... [read post]
26 Nov 2008, 11:02 am
RBC Mortgage Company (RBC) will pay the federal government more than $10.71 million to resolve a False Claims Act suit that alleged the company gave the U.S. government false information about borrowers who took out 219 home loans that ended up in foreclosure.The government alleged that RBC falsified documentation in support of loan applications, violated due diligence underwriting requirements and improperly submitted loans for endorsement by HUD that were not eligible… [read post]
28 Mar 2022, 1:37 pm by Kevin LaCroix
In the following guest post, the guest authors examine issues relating to the Professional Services Exclusion found in many private company D&O insurance policies. [read post]
30 Jan 2018, 9:04 am by Stephen S. Asay
Crum & Forster Specialty Insurance Company, the Florida Supreme Court decided that the chapter 558 process is a “suit” but left open the possibility that the process is only a “suit” when an insurer says it is. [read post]
19 Jul 2010, 6:00 am by Steven Peck
In a traditional Medicare policy, the federal government acts as an enrollee's insurance company. [read post]
1 Aug 2009, 5:13 am
One may also send a Freedom of Information Act (FOIA) request to the Federal Motor Carrier Safety Administration for all documentation regarding the trucking company. [read post]
16 Mar 2010, 3:10 pm
Knowledge of the insurance regulations and federal regulations regarding trucks also is important. [read post]
17 Nov 2016, 4:38 pm by Kevin LaCroix
Federal Insurance Company, the court held that two patterns of theft by the same employee constituted a single loss under the crime coverage insurance policy.[6]  Considering that the insured knew of one of the theft schemes prior to the policy’s execution, the second theft was excluded from coverage under the policy. [read post]
20 Feb 2019, 8:28 am by Kathleen Scott (US) and Jackie Kim (US)
On February 8, 2019, the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Securities and Exchange Commission, and the Commodity Futures Trading Commission (collectively, the “Agencies”) published for public comment a Notice of Proposed Rulemaking (the “NPRM”) to amend the Volcker Rule to comply with amendments made to the Rule under the May 2018 Economic… [read post]
3 Aug 2011, 6:27 am
Iyer's insurance company at the same time is seeking to void Iyer's malpractice insurance policy under the pretense that Iyer submitted her insurance application using false information. [read post]
20 May 2024, 7:09 pm by David Klein
An Illinois federal district court judge recently held that State Farm Mutual Automobile Insurance Company (“State Farm”) may be vicariously liable for alleged Telephone Consumer Protection Act (“TCPA”) violations. [read post]
If your company does business with the federal government or subcontractors of the federal government, you may have to require that your employees become fully vaccinated against COVID-19 by December 8, 2021. [read post]
16 May 2009, 6:58 am
" The Act also provides that federal anti-trust laws will not apply to the "business of insurance" as long as the state regulates in that area, but federal anti-trust laws will apply in cases of boycott, coercion, and intimidation.If the 5th Circuit, by invoking McCarran -Ferguson has concluded that structured settlement transfers are "the business of insurance" then why the heck don't state insurance departments in the… [read post]