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13 Feb 2014, 6:30 am by Rebecca Shafer, J.D.
Your company will have to pay all medical costs and indemnity benefits owed, or could face tort litigation by the individual trying to recover the costs associated with the injury. [read post]
11 Feb 2014, 6:30 am by David Stouffer
“Survey on the Total Financial Impact of Employee Absence Survey Highlights. [read post]
28 Jan 2014, 6:30 am by Michael B. Stack
The overpayment of medical cost, indemnity benefits and claim expenses is a waste of money, and weakens the overall financial stability of the employer or the insurer. [read post]
28 Jan 2014, 4:20 am by David DePaolo
I reckon that in the grand scheme of things, workers' compensation is still a pretty good financial deal. [read post]
22 Jan 2014, 1:33 am by Kevin LaCroix
Because the worst news a director needs to hear after learning that the company needs to restate its financial statements is that its management also did not buy enough insurance (or the right type of insurance) to cover the costs of the litigation and regulatory investigations. [read post]
22 Jan 2014, 1:33 am by Kevin LaCroix
Because the worst news a director needs to hear after learning that the company needs to restate its financial statements is that its management also did not buy enough insurance (or the right type of insurance) to cover the costs of the litigation and regulatory investigations. [read post]
6 Jan 2014, 11:20 pm by Kevin LaCroix
A derivative suit settlement typically would not be indemnifiable, because if it were to be indemnified, the company would make the indemnity payment to itself. [read post]
30 Dec 2013, 11:12 am by Dan Pinnington
This would include legal defence costs and indemnity payments, and is provided on an “all risks basis. [read post]
18 Dec 2013, 6:30 am by Rebecca Shafer, J.D.
• You want to know if the reserving practices of the adjusters is negatively impacting your financial position – a selection of the indemnity claims with the highest reserves would provide a clearer picture than a random selection of claim files • You want to identify sources of leakage – a broad selection of new, medium aged and legacy files should be reviewed. [read post]
15 Dec 2013, 4:00 am by Administrator
Abbott and Haliburton Company Limited, et al. [read post]
The decision was issued in the context of post-closing indemnity claims asserted by OSI against the Sellers and not a disputed closing condition. [read post]
6 Dec 2013, 7:03 am by Broc Romanek
KBR responded with counterclaims, alleging that ENI had engaged in fraudulent misconduct and breached the SPA by, inter alia, manipulating R&S's financial condition to inflate the purchase price. [read post]
17 Oct 2013, 10:14 am by David Bilinsky
♫ Digital, criminals you'll make meals in cyber-crime Let's all plan ahead, 2 times, I keep the chimes to a great mind… ♫ Lyrics and music by GZA, Inspectah Deck, Killah Priest.LawPro, the Lawyers' Professional Indemnity Company (LAWPRO) has announced that they will be providing a $250,000 sublimit coverage for eligible cybercrime losses in the 2014 policy year. [read post]
30 Sep 2013, 1:52 am by Kevin LaCroix
In the subsequent coverage action, in order to try to show compliance with the policy’s notice requirement, the bank attempted to rely on a June 30, 2009 litigation summary letter from its outside counsel to the bank that the bank had provided to the carrier in the course of the underwriting of the company’s renewal policy. [read post]
29 Sep 2013, 4:00 am by Administrator
SABOURIN AND SUN GROUP OF COMPANIES v. [read post]
16 Sep 2013, 3:21 pm by Cynthia Marcotte Stamer
Stamer is recognized, internationally, nationally and locally for her more than 25 years of work, advocacy, education and publications on cutting edge health and managed care, employee benefit, human resources and related workforce, insurance and financial services, and health care matters. [read post]
3 Sep 2013, 1:38 am by Kevin LaCroix
  One particularly important context in which the interrelatedness issue has arisen in recent years is in the litigation involving the financial crisis. [read post]