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10 Nov 2012, 2:14 pm by Law Lady
Therefore, insureds who brought a state-court action against their homeowner's insurer to recover for alleged underpayment of compensation in connection with property damages from two hurricanes could not rely on a "recently dismissed" class action claim brought in federal district court to establish a suspension of prescription as to their individual claims.The Law Lady.  [read post]
10 Nov 2012, 2:14 pm by Law Lady
Therefore, insureds who brought a state-court action against their homeowner's insurer to recover for alleged underpayment of compensation in connection with property damages from two hurricanes could not rely on a "recently dismissed" class action claim brought in federal district court to establish a suspension of prescription as to their individual claims.The Law Lady. [read post]
30 Oct 2012, 1:15 pm by S2KM Limited
Facts In 1990, Shelia McClendon entered into a structured settlement in which Travelers Insurance Company, as assignee, purchased an annuity from Travelers Life and Annuity Company, which later became MetLife Annuity Company of Connecticut in 2006. [read post]
30 Oct 2012, 1:15 pm by S2KM Limited
Background In 1990, Shelia McClendon entered into a structured settlement in which Travelers Insurance Company, as assignee, purchased an annuity from Travelers Life and Annuity Company, which later became MetLife Annuity Company of Connecticut in 2006. [read post]
17 Oct 2012, 7:19 am
Leasing companies will use their considerable capital to invest in pieces of heavy equipment to be used in construction. [read post]
15 Oct 2012, 8:13 am by Charles Johnson
(ETS), raised capital to grow his coin-operated payphone business by using a network of independent insurance agents to sell payphones to investors throughout the United States for $5,000 to $7,000 per phone. [read post]
5 Oct 2012, 11:54 am
Metropolitan Life Insurance Company agreed to pay forty million dollars to settle a multi-state probe of its alleged mishandling of insurance policy death benefits. [read post]
7 Sep 2012, 11:01 am by admin
As California’s insurance commissioner from 2002 to 2006, Garamendi imposed $18.4 million in fines against carriers for mistreating customers. [read post]
27 Aug 2012, 6:56 am
  The annual enterprise risk report must identify, to the best of the filer's knowledge and belief, the material risks within the insurance holding company system that could pose enterprise risk2 to the domestic insurance company. [read post]
3 Aug 2012, 6:32 pm by admin
Have adequate capitalization for your intended operations and purchase adequate insurance. [read post]
28 Jul 2012, 10:54 pm by Mandelman
  The same article had one reasonable sentence from Tom Porcelli, chief U.S. economist at RBC Capital Markets in New York. [read post]
20 Jul 2012, 2:00 am by Keith Paul Bishop
  It did, however, provide the following non-exclusive list: foreign banking corporation, any foreign corporation all of the capital stock of which is owned by one or more foreign banking corporations, any foreign savings and loan association, any foreign insurance company or any foreign corporation or association authorized by its charter to invest in loans secured by real and personal property, whether organized under the laws of the U.S. or any other… [read post]
9 Jul 2012, 8:37 am by Edgar Romano
Self-insured employers in California represent large and midsized private companies, industry groups, and public entities such as city, county, state and school districts. [read post]
5 Jul 2012, 3:00 am by Jon L. Gelman
Self-insured employers in California represent large and midsized private companies, industry groups, and public entities such as city, county, state and school districts. [read post]
28 Jun 2012, 6:28 am by Joe Kristan
  The increase will be deferred through 2016 for taxpayers over age 65. - The IRS-enforced penalties for failure to buy health insurance, effective in 2014. [read post]
25 Jun 2012, 10:02 pm by Kevin LaCroix
The D&O Diary is on assignment this week at The Stanford Directors’ College at the Stanford Law School in Palo Alto, California. [read post]
14 Jun 2012, 8:44 am by Lindsay Griffiths
  So the insurance companies are saying that while health reform addresses access and quality, it doesn't really address cost. [read post]