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17 Apr 2009, 2:31 am
Instead, Goldman elected to retain the benefit of $28 billion dollars in federally guaranteed loans -- not to mention nearly $12.9 billion in payments it received from AIG, which were undoubtedly funded by TARP assistance the embattled insurer received.Companies Are Leaving TARP Because They Want "No Strings Attached" Federal Financial AidToday's Washington Post explains why companies are trying to repay TARP loans, while retaining the benefits of… [read post]
5 Feb 2020, 8:54 am
Jan. 24, 2018), the insureds, owners and officers of Oregon Ice Cream, LLC, sold their equity in that company to a third party, who subsequently sued them for making misrepresentations regarding the company’s financial condition. [read post]
19 Jun 2012, 7:11 am
As we await the decision on the healthcare bill, it is a relief to report that some insurance companies are adopting the provisions put forth by the Affordable Care Act regardless of the decision on the bill. [read post]
6 Jan 2022, 9:56 am
Domtar Paper Company LLC. [read post]
30 Jan 2014, 1:56 pm
D&O policies typically provide that the insureds must defend the claim, subject to obtaining the insurer’s consent to the defense arrangements. [read post]
16 Jun 2023, 1:27 pm
Additionally, the insurance companies that provided the state with its health benefits plan — UnitedHealthcare and Anthem Blue Cross Blue Shield — allegedly warned the state that its plan’s express exclusion for gender-affirming care was discriminatory. [read post]
14 Aug 2011, 8:02 pm
Issuing New Policy in Arizona Humana Inc., headquartered in Louisville, Kentucky, is a leading health care company that offers a wide range of insurance products and health and wellness services. [read post]
19 Apr 2009, 11:54 am
Consumer Rights Law Blog has posted an article about an online database where consumers can find records from junk yards, insurance companies, and salvage yards about wrecked cars. [read post]
12 Mar 2024, 1:19 pm
The amendments will become effective one year after publication of the new amendments in the Federal Register. [read post]
19 Apr 2012, 12:27 pm
Federal Insurance Co., 779 F. [read post]
9 Dec 2008, 11:51 pm
This week IP, securities, insurance, and federal regulatory practices all got a boost, on the hunch that the New Year could bring increased federal regulation in various sectors. [read post]
5 Feb 2020, 10:01 am
Based on what’s in that claim file, the odds are stacked in favor of the insurance company. [read post]
17 Jul 2012, 7:36 am
The Federal Court applied in some detail, Texas policy interpretation rules for determining the insurance companies duty to defend with respect to the facts of the case. [read post]
6 Jul 2011, 6:00 am
Two women charged with taking nearly $6 million from insurance company Aviva USA appeared in federal court Thursday morning to plead guilty in connection... [read post]
14 Aug 2013, 10:45 am
Yesterday we touched on the troubling practice of federal courts remanding ERISA claims to “insurers” for a second try after they had already ruled against them. [read post]
12 Jan 2012, 3:30 am
After the law went into effect, insurance companies began arguing the definitional change should apply retroactively to all sinkhole claims, not just to those claims occurring after May 17, 2011. [read post]
13 Jul 2010, 10:58 pm
The United States Court of Appeals for the District of Columbia has vacated SEC Rule 151A, the rule which would have treated fixed indexed annuities as securities for the purpose of federal regulation effective January 12, 2011.As a result of the ruling licensed insurance agents may continue to offer and solicit the sale of fixed indexed annuity contracts without needing an active federal securities license. [read post]
24 May 2013, 12:30 pm
New York Life Insurance Company that the statute absolutely barred any such injunction. [read post]
13 Sep 2010, 11:00 am
The insurance company essentially argued that a breach of the implied covenant of good faith and fair dealing was the same things as “bad faith” or a claim under Fla. [read post]
26 Dec 2018, 9:11 am
When claim time comes, however, the insurance company doesn’t want to honor its promise. [read post]
