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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]
6 Feb 2018, 11:02 am by Cailie Currin
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 by Claudia Eisenberg Jackson
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 by Kevin Pollack
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 by Nancy E. Halpern, D.V.M.
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 by Mark S. Humphreys
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 by Mark S. Humphreys
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 by Donald Dinnie
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 by Wolfgang Demino
 - 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]
25 Dec 2011, 12:27 pm by Mark S. Humphreys
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 by Mark S. Humphreys
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 by Kenneth Kan
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]
26 Jan 2013, 7:03 am by Mark S. Humphreys
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 by Melody McDonald Lanier
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]
24 May 2023, 9:51 am by Chip Merlin
Expert Consultation: Engage insurance claims practice experts who can provide insights or context that might otherwise be missed. [read post]