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28 Oct 2012, 5:04 pm by Ira Meislik
It seems to us that so long as the self-insuring party can show that it meets an agreed-upon financial test, then leave it alone. [read post]
18 Oct 2012, 6:42 pm by Michael Fitzgibbon
 In the case the Company terminates the contract following employee’s behaviour that could put the company in financial/commercial danger as a result of illegal or dangerous act, this compensation will not be payable any more. [read post]
16 Oct 2012, 8:36 am by Kevin LaCroix
The individual defendants, in reliance on the company’s by-laws as well as a written indemnification agreement, demanded that the company advance their expenses incurred in defending against the company’s lawsuit. [read post]
12 Oct 2012, 8:41 pm
Insurance company claims payments can be made by indemnity or based on what is usual and customary for that service. [read post]
19 Sep 2012, 1:58 am by Kevin LaCroix
 Rather, the primary carrier advanced IBM’s defense costs subject to a reservation of rights and at all times disputed the availability of indemnity coverage. [read post]
14 Sep 2012, 1:05 am by Kevin LaCroix
All three of these elements should be address in the company’s corporate by-laws. [read post]
14 Sep 2012, 1:05 am by Kevin LaCroix
All three of these elements should be address in the company’s corporate by-laws. [read post]
31 Aug 2012, 9:44 am by Michael W. Huseman
  Today, a long term care solution can be tailored to your client’s specific financial as well as medical situation. [read post]
20 Aug 2012, 4:45 am
Further, it also highlights the caution required when group companies conduct legal proceedings on behalf of other shell companies within the group, against the backdrop of indemnities or other protections contained in intra-group contracts. [read post]
19 Aug 2012, 9:12 pm by Stu Ellis
  With an estimated $20-30 billion to be paid this year in crop insurance indemnity checks, both the USDA’s Risk Management Agency and the crop insurance companies have to ensure that all claims are valid, and have made it well known that anyone with a claim of more than $200,000 will be subject to an audit. [read post]
17 Aug 2012, 12:35 pm by emagraken
  A contract of insurance is one of utmost good faith, and one cannot commit frauds or make wilfully false statements about the subject-matter of the claim without risking the loss of the right to indemnity: Inland Kenworth Ltd. v. [read post]
16 Aug 2012, 1:45 pm
According to the insurancejournal.com, it has not taken long for two Allstate subsidiaries, Castle Key Insurance Company and Castle Key Indemnity Company, to request an even higher rate increase: 32.7 percent and 21.9 percent respectively. [read post]
31 Jul 2012, 5:30 am by Rebecca Shafer, J.D.
When a workers’ compensation claim occurs, the insurer incurs a financial obligation to pay the future cost of the claim. [read post]
24 Jul 2012, 9:39 pm by Stu Ellis
  Barnaby also says a primary concern for many farmers is whether crop insurance companies have enough financial resources to pay out billions of dollars in indemnity checks when this crop is complete. [read post]
24 Jul 2012, 9:39 pm by Stu Ellis
    Barnaby also says a primary concern for many farmers is whether crop insurance companies have enough financial resources to pay out billions of dollars in indemnity checks when this crop is complete. [read post]
22 Jul 2012, 9:37 pm by Stu Ellis
  And since Revenue Protection policies cover both yield loss and financial loss, there is a problem, says McEowen. [read post]