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11 Jun 2021, 10:47 am by Benjamin Stearns
The Southern District of Texas held that New York Marine and General Insurance Co. had no duty to defend its insured under a legal professional malpractice insurance policy for claims stemming from the firm’s efforts to develop business in the wake of the Deepwater Horizon disaster. [read post]
3 Mar 2023, 10:48 am by Cynthia Marcotte Stamer
This week’s announcement of the criminal sentencing of the co-founder of a clinic that pleaded guilty to health care fraud and other federal crimes for involvement in a scheme to defraud self-insured health plans and the Justice Department announcement of its filing of health care fraud and other federal criminal charges against two operators of […] [read post]
9 Jun 2014, 12:07 pm by James Hamilton
Senator Sherrod Brown (D-OH), a co-sponsor of the legislation, said that while capital standards are important, applying them to insurers does not match their risk profile. [read post]
27 Mar 2012, 3:56 am
The Block Exemption allows insurers to discuss joint calculations, tables and studies, and agreements setting up co-insurance and reinsurance pools. [read post]
15 Mar 2011, 6:53 am by Mark S. Humphreys
Harry Blaker and Union Insurance Co., and the opinion was issued on February 14, 2011. [read post]
13 Jul 2020, 9:07 am by Michael Cannan
However, federal courts in the First, Third, Fourth, and Eighth Circuits have affirmed decisions where the physical loss of property or loss of use of property criteria is satisfied without actual structural damage. [read post]
24 Jan 2012, 4:56 pm by brittania
Government has dipped its toes into insurance company rate proposals - long the domain of state authorities - in calling for a rollback of rate increases proposed in five states by Trustmark Life Insurance Co. [read post]