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22 Sep 2014, 4:03 pm
Speaking of new resources for insurance statutory and regulatory materials, the New York State Department of Financial Services recently provided a new hyperlinked source to the "complete unofficial NYCRR", which, of course, includes insurance regulations:Regulation 10 (11 NYCRR Part 25) Public AdjustersRegulation 35-A (11 NYCRR Part 60-1) Minimum Provisions for Automobile Liability Insurance PoliciesRegulation 35-D (11 NYCRR Part 60-2)… [read post]
1 Oct 2020, 3:51 pm
Nevada: On September 2, the Nevada Commissioner of Insurance issued proposed regulation LCB File No. [read post]
6 Feb 2018, 11:02 am
Leaving aside the question of how many insurers’ products must be considered and therefore how many disclosures must be provided to each individual consumer, what about all the distributor-specific products that one insurer might have? [read post]
7 May 2019, 2:33 pm
The wording of section 5(2) is wide and includes intermediary services performed on behalf of the foreign re/insurer. [read post]
11 Nov 2016, 3:30 am
”2 In the property insurance context, the California Insurance Code explicitly provides that an insurance company must, “at least 45 days prior to policy expiration,” provide notice in a renewal offer of “any reduction of limits or elimination of coverage. [read post]
20 Mar 2017, 8:13 am
Plans may include the following options: (1) Accident only plans; (2) Accident & Illness; (3) Insurance with Embedded Wellness; and (4) Endorsements. [read post]
30 Oct 2016, 6:49 am
Insurance lawyers know to tell their clients to cooperate with their insurance company investigation of a claim. [read post]
25 Oct 2010, 8:57 am
The Texas Department of Insurance can withdraw approval of policies that offer payment in foreign currency that is less stable than United States curerency. 2) The policy must provide for payment of premiums in advance at the insurance company's home office or to an agent. [read post]
7 Dec 2021, 10:45 pm
The insured argued that the failure to use a virus exclusion was on the face of it proof that the insurer actually intended to provided coverage for virus losses by not taking advantage of more specific wording that was available to it. [read post]
10 Jan 2017, 8:06 am
- 2/27/2014 INSURANCE COVERAGE TERMINATED BECAUSE PREMIUMS WAS NOT PAID As a matter of law, the insurance provided by the Policy "end[ed]" and was not "in force" after the end of the grace period. [read post]
12 Apr 2017, 8:32 am
SB 340 passed by a margin of 7-2. [read post]
25 Dec 2011, 12:27 pm
This means coverage has terminated and the insurance company refuses to to provide additional coverage to which their customer is entitled under the policy. [read post]
28 Nov 2013, 10:19 am
Cardenas file a renewed motion for judgment as a matter of law after the verdict, contending that: (1) the insurer could not contest the reinstatement because the policy did not provide for a contestability period after reinstatement; (2) § 3.104(a) of the Texas Administrative Code provides an absolute two-year deadline for contesting the reinstatement; and (3) insufficient evidence supported the jury's findings. [read post]
31 Jan 2015, 6:35 am
What is prohibited however is "institutional advertising" which is "advertising not aimed at obtaining business for a specific insurer and not providing consumers with information pertinent to the decision whether to buy the insurer's product. [read post]
8 Nov 2017, 10:46 am
To provide more value to our readers, we have reached out to a series of insurance brokers to create the Insurance Broker Series Q&A. [read post]
26 Jan 2013, 7:03 am
The Detroit Free Press published an article on January 2, 2013, that an insurance attorney should find interesting. [read post]
21 Dec 2023, 12:10 pm
While having an SR-22 will likely increase your insurance rates, different insurance providers might offer varying rates for the same coverage.Obtaining SR-22 Insurance: What You Should KnowYou may purchase coverage through any provider you’d like. [read post]
8 Mar 2010, 6:55 am
Prudential contested the validity of the insurance policy after more than 2 years of its effective date. [read post]
13 Feb 2016, 6:08 am
Section 41(d), provides:'Convicted Persons and Suicides. [read post]
24 May 2023, 9:51 am
Expert Consultation: Engage insurance claims practice experts who can provide insights or context that might otherwise be missed. [read post]