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28 Feb 2013, 8:44 am by Mark S. Humphreys
Nevertheless, an insurance company will be liable "for purposes of the liabilities, duties, and penalties provided by" certain statutes. [read post]
14 Mar 2022, 4:19 am by McKennon Law Group
Reason 2: The deceased died via homicide There are some exceptions, but many life insurance policies don’t cover homicide. [read post]
27 Dec 2018, 8:48 pm by J H
Auto Insurance Myths #2 – “I don’t need Uninsured motorist insurance” More important than just having ‘full coverage’ is that you have Uninsured motorist insurance (UM). [read post]
27 Jan 2010, 7:17 am by Mark S. Humphreys
When it was argued by Allstate that the law in Texas is the insurer of a car provides primary insurance and the insurer of the driver provides excess insurance, it was argued by Safeco that nowhere in Texas law does a court espouse a black-letter rule that insurance follows the vehicle. [read post]
27 Sep 2009, 9:30 am by John Watkins
It is important to reference the claim number in all future correspondence.2. [read post]
28 Nov 2012, 5:00 am by Wystan M. Ackerman
The insurer failed to comply with the terms of the plan when it provided the benefits in the form of a retained-asset account, and the court found that the creation of the retained-asset account did not discharge the insurer's fiduciary obligations. [read post]
18 Mar 2012, 9:17 am by Mark S. Humphreys
Code Section 705.004 provides: (a) An insurance policy provision that states that false statements made in the application for the policy or in the policy make the policy void or voidable: (1) has no effect; and (2) is not a defense in a suit brought on the policy. [read post]
22 Mar 2012, 10:59 am by Mark S. Humphreys
The style of the case is, Provident Life And Accident Insurance Company v. [read post]
For instance, one insurer’s cyber insurance policy form insures against disclosure of personally identifying information that results from unauthorized access into a system owned by either (1) an insured, or (2) “an organization that is authorized by an Insured through a written agreement to process, hold or store Records for an Insured. [read post]
15 Jan 2020, 12:55 pm by Steven Palermo
If you are injured in a car accident because of someone who has little or no insurance coverage, SUM/UM is where your insurance can provide additional payment since the opposing party is not able to provide payment. [read post]
Slice, an on-demand insurance provider, seeks to fill the gap between the demands of these on-the-go services and traditional insurance contracts, which may not cover home rental or car sharing. [read post]
19 Nov 2019, 9:53 am by Currin Compliance Services
This satisfies New York’s Regulation 210 requirement that profit be fixed at issue and provides a better match of how changes in cost of insurance rates actually work. [read post]
14 Feb 2017, 5:54 am by Mark S. Humphreys
Nationwide Property & Casualty Insurance Company, (2) a 1995 Houston Court of Appeals [1st Dist.] styled, Darby v. [read post]
11 Dec 2013, 9:50 am
Travelers Indemnity Co., 105 P.3d 639, 645-646 (Colo.2005), the court reported that the rule addresses three public policy concerns: "(1) the adhesive nature of insurance contracts, (2) the public policy objective of compensating tort victims, and (3) the inequity of an insurer receiving a windfall ... due to a technicality." [read post]
5 Jul 2022, 7:21 am by Scott P. DeVries and Yosef Itkin
The FAIR plan provides a channel to insurance for property owners who would be stuck without any reasonable access to insurance without state intervention. [read post]
Tapping Corporate Predecessors’ Liability Insurance Policies Just Became Easier Following Fluor Ruling, Westlaw Journal Insurance Coverage, volume 26, issue 2 October 15, 2015 In a landmark decision, the California Supreme Court on August 20, 2015, held that enforcing an anti-assignment clause in an insurance policy as a bar to coverage – where the assignment occurred post-loss – was contrary to California Insurance Code Section 520,… [read post]