Search for: "Standard Guaranty Insurance Company"
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22 Mar 2007, 3:41 am
Mercantile subsequently filed this suit, alleging breach of contract and asking declaratory relief.After reviewing the standards for summary judgment, the judge noted that in Maryland, insurance policy language is not construed most strongly against the insurance company as drafter, but rather using customary, ordinary and accepted meanings of terms used. [read post]
12 Nov 2012, 5:00 am
In Stewart Title Guaranty Company v. [read post]
3 Oct 2022, 8:10 am
Similarly, DSLIs are prohibited from writing accident and health coverages, workers’ compensation insurance, financial guaranty insurance as well as a number of other lines of coverage in a multitude of states. [read post]
8 Apr 2013, 7:54 am
Most regular folks think that title insurance provides a full and complete guaranty and assurance that title is pristine and clean. [read post]
12 Aug 2011, 4:51 am
• Five U.S. life insurers had their ratings affirmed and outlooks revised to negative: Assured Guaranty, Berkshire Hathaway, Guardian, MassMutual and Western & Southern. [read post]
7 Apr 2014, 11:03 am
A regular insurance company can be assessed counsel fees if it presents an “unreasonable contest;” again, the UEGF is immune to this risk. [read post]
3 Jul 2012, 10:09 am
ELNY's liquidation will apparently exhaust the New York life insurance guaranty fund. [read post]
16 May 2011, 3:12 pm
In practice, however, private zoning report companies are being hired by title companies and lenders, as neither surveyors nor title companies seem to want to guaranty all zoning information. [read post]
29 Nov 2018, 11:58 am
Section 523(a)(8) of the Bankruptcy Code provides for certain exceptions to discharge, including an educational loan made, insured, or guaranteed by a governmental unit, or made under any program funded in whole or in part by a governmental unit or nonprofit institution. 11 U.S.C. [read post]
24 Apr 2020, 2:23 pm
It remains to be seen if the various states attempting to impose retroactive coverage of COVID-19 claims will apply these standards to surplus lines insurers and agree to reimburse them for portions of such claims when such insurers and their policyholders typically do not enjoy state-level guaranty fund protection. [read post]
16 Mar 2009, 2:54 am
The contract exclusion (in some form) is, however, a relatively standard part of most private company D&O insurance policies because the entity coverage afforded under the private company policy is more expansive and is not restricted merely to a single category of claims. [read post]
15 Jun 2023, 1:23 pm
Authorized insurers writing all lines of business in Texas, except fidelity, guaranty, and surety bonds and crop insurance, are prohibited from using an ESG model, score, factor, or standard to charge a different rate to another business or risk in the same class for essentially the same hazard. [read post]
21 Dec 2009, 4:29 pm
WARNING: Most states insurance laws prohibit the advertisement or discussion of even the existence of state insurance guaranty funds in connection with the sale of insurance (in New York at least, that includes solicitation in connection with the placement of structured settlement annuities). [read post]
10 Apr 2013, 5:13 pm
The Obama Administration again is proposing that the Board of the Pension Benefit Guaranty Corporation (PBGC) get the power to set premium rates based on the financial soundness of company sponsors to shore up the agency’s finances in hopes of heading off the need for a government bailout of the agency’s liabilities. [read post]
24 Apr 2024, 8:24 am
” If you are involved in a dispute with your business insurance company, contact Schwartz, Conroy & Hack. [read post]
25 Mar 2019, 12:32 pm
Further, policies issued by a domestic surplus lines insurer are not subject to the protections or other requirements of the Nebraska Property and Liability Insurance Guaranty Association Act or the Nebraska Life and Health Insurance Guaranty Association Act. [read post]
5 Jun 2019, 2:00 am
The Pension Benefit Guaranty Corp. [read post]
24 Jun 2023, 7:43 am
Finally, SB 96 provides that Louisiana Insurance Guaranty Association and Louisiana Citizens Property Insurance Company are not liable for bad faith penalties under LA R.S. 22:1892 from class action lawsuits and are immune from the penalty for 200% of consequential damages contained in LA R.S. 22:1973. [read post]
15 Feb 2012, 10:53 am
Bickford also argues that the logic behind the state insurance guaranty fund caps is "upside down" in the ELNY scenario. [read post]
14 May 2010, 5:52 pm
To date, a situation has not been reported where an insurance company rated A, or better, by Standard & Poors has defaulted on an annuity obligation that supported a structured settlement, and a concomitant loss has resulted to the payee. [read post]
