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7 Jun 2017, 11:14 am
” Insurance companies say that to the extent there is a modest severity increase, it is related to “inflation of defense costs ” – i.e., inflation connected to what they pay their own people to fight claims, not “indemnity severity,” i.e., settlements or verdicts. 2. [read post]
13 Jul 2012, 4:47 am
Public self-insured employers may not have the benefit of those risk management practices due to various labor issues (i.e. unions) but those are issues that are a small part of the overall financial issues of those entities.Stockton and San Bernardino's financial issues have very little to do with workers' compensation and have much more to do with a hugely reduced tax basis because the housing market is worth half of what it was 5 years ago, as well as commitments made… [read post]
7 Jun 2017, 11:14 am
” Insurance companies say that to the extent there is a modest severity increase, it is related to “inflation of defense costs ” – i.e., inflation connected to what they pay their own people to fight claims, not “indemnity severity,” i.e., settlements or verdicts. 2. [read post]
19 Mar 2021, 8:26 am
The financial dependents could be children, spouses, grandchildren, grandparents, parents, or siblings. [read post]
14 Mar 2012, 4:47 am
This is yet another reason why Broekmann recommends that principals insist on an indemnity before signing a mandate. [read post]
22 Dec 2011, 5:07 pm
Making sure all indemnity payments are made timely 5. [read post]
4 Feb 2019, 10:59 am
Remember this is an industry based on careful and measured evaluation of risk, and no matter how amazing your InsurTech company is, it still represents risk to an industry which traditionally only devotes its resources to the most financially secure investments. [read post]
6 Jan 2017, 9:21 am
Veterans who served in the Iraq war may have been in prolonged contact with asbestos, which was used by various companies for construction. [read post]
11 Dec 2014, 8:26 am
The tugboat company hardly disputes its liability to the plaintiff. [read post]
18 Oct 2011, 6:59 am
Early in their marriage, they suffered substantial financial losses in the construction business. [read post]
5 Jan 2023, 6:28 am
Hartford Accident & Indemnity Co. [read post]
24 Aug 2011, 5:29 pm
Hoffman is accused of fraudulently billing the City of Los Angeles and 19 insurance companies including Berkshire Hathaway Homestate Companies, California State Compensation Insurance Fund, Chartis division of American International Group, CNA Commercial Property and Casualty Insurance, Crum & Forster Holdings Corporation, Employers Insurance, FirstComp Insurance, Fireman’s Fund Insurance Company, The Hartford Financial Services Group,… [read post]
28 Jun 2016, 5:42 pm
Upcoming Event Down Under: Speaking of Australia, on September 1, 2016, I will be presenting as a keynote speaker at the annual conference of the Australia Professional Indemnity Group, in Sydney. [read post]
15 Feb 2023, 6:50 pm
Such as a clause detailing the repercussions of terminating the license and an indemnity clause that would shift the financial burden to the licensee in several instances if WotC faced legal action due to the license’s contract. [read post]
7 Jun 2012, 6:30 am
This is coming in the way of legal changes, medical changes, and indemnity pay changes. [read post]
30 Mar 2009, 8:56 pm
They cut off substantial potential indemnity liability to the hospital and nurse's employer. [read post]
27 Jan 2016, 12:17 pm
Even traditionally conservative sectors such as financial services are being revolutionised by the mobile app. [read post]
9 Apr 2010, 7:01 am
Knowing that Assured got an indemnity from Harrisburg makes this statement more entertaining: – and argued that the bondholders bear some responsibility for the city’s fiscal straits because they lent money to a locality that has long had financial problems. [read post]
22 Jan 2009, 9:01 am
The law firm subsequently notified the document management company of the disclosure, and according to the notice to the document management company’s insurer, the law firm had written off a substantial legal fee and may eventually look to the document management company for compensation. [read post]
16 Dec 2008, 2:01 am
In a December 12, 2008 memorandum entitled "Independent Directors Require Additional Protection in Financial Crisis Litigation" (here), the Baker & McKenzie firm suggests that "there is an increasing interest by independent directors in coverage that protects only a company’s independent or outside directors, not its officers. [read post]
