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12 Jan 2011, 12:22 pm
A year after a congressional audit exposed exorbitant fraud and abuse in the federal government’s insurance program for the poor, the Justice Department is suing New York City for cheating it out of tens of millions of dollars in the last decade. [read post]
6 Jul 2016, 8:07 am
But federal courts have observed that FIAs, such as the annuities at issue in this case, share characteristics of both investments and insurance products.The court noted that FIAs were first offered in the 1990s by insurance companies and, by default, have been regulated by state insurance codes and, like traditional fixed annuities, FIAs must provide the base-line protections to consumers that those codes require. [read post]
16 Oct 2007, 7:25 am
The Fifth Circuit Court of Appeals recently ruled that Mid-Continent Casualty Company owes a duty to defend its insured, Lamar Homes Inc., against construction defect claims under its commercial general liability policy. [read post]
2 Oct 2012, 11:55 am
In addition, SB 1448 authorizes the insurance commissioner to evaluate the enterprise risk related to an insurer that is part of a holding company. [read post]
13 Jun 2014, 9:32 am
- limit carrier choice (just as the ObamaPlans limit provider choice).Insurance agent Anne Petry predicts that a "national exchange could force those [regional companies that have regional networks] out of business. [read post]
28 May 2015, 6:27 am
Remember: companies don't pay taxes or premiums.And at "a whopping 22.5 percent of the total estimated $2.76 trillion in all federal government spending for the Affordable Care Act," it's just one more example of the way that the ObamaTax continues to hurt the very folks it was ostensibly passed to help.BONUS: The rocket surgeons that wrote the report itself continue to buy into the long-since-debunked idea that Medicare "has overhead of just 2 percent. [read post]
19 Jan 2016, 8:07 am
As we've previously noted, United Healthcare is the 800# gorilla in the Federal Marketplace ("Exchange") room. [read post]
10 Nov 2015, 3:30 am
Federal Insurance Company issued a CGL policy to Intrawest, which National Union claims is excess coverage. [read post]
17 Feb 2016, 4:29 am
The Lab, a recent Federal case out of the Southern District of New York, is a claim involving both the insured’s carrier (Travelers) and broker (Nathan Butwin Company). [read post]
12 Jan 2016, 10:00 am
But, insurers and state officials said, the federal government did little to verify whether late arrivals were eligible. - NYTWhat's wrong with that, you may say? [read post]
11 Feb 2014, 6:08 am
Consumers can come to eHealth for insurance, but Lauer's company is unable to process subsidies." [read post]
24 Jul 2013, 9:41 am
American National Property & Casualty Company, 2013 WL 3776486 (E.D. [read post]
21 Jul 2021, 4:00 am
., July 19, 2021), the U.S. 9th Circuit Court of Appeals in a 2-1 decision vacated a California federal district court's rejection of free exercise and equal protection challenges to California's requirement that insurance companies include coverage for abortion services in all health insurance policies. [read post]
29 Jun 2009, 7:22 am
(Large companies are not insured; they pay benefits directly.) [read post]
13 Jul 2009, 10:35 am
Medicare is health insurance, but it is provided by the federal government. [read post]
2 Jul 2013, 6:48 am
Here is an example: In the Federal case mentioned above, Palma v. [read post]
15 Feb 2013, 1:03 am
(Although it is not entirely clear, the company statement about the charge suggests that the company "anticipate" insurance recoveries of $195 million, possibly under the insurance programs of the two companies).The settlements are subject to court approval. [read post]
12 May 2022, 9:01 pm
Evaluation of risk can include factors such as past conduct of the company, asset size, volume of transactions, supervision of the entity by other federal or state regulators, and other factors the CFPB determines to be appropriate. [read post]
19 Jun 2011, 7:23 am
" To find additional federal criminal news, please read The Federal Crimes Watch Daily. [read post]
19 Jun 2011, 7:23 am
" To find additional federal criminal news, please read The Federal Crimes Watch Daily. [read post]
