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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]
18 Jul 2012, 3:00 am by Jon L. Gelman
" Robert Beloten, Chair of the Workers' Compensation Board, said, "Prior to the reform, lost wage benefits were insufficient for injured workers yet the system has had uncontrollable medical and indemnity costs. [read post]
18 Jul 2012, 3:00 am by Jon L. Gelman
" Robert Beloten, Chair of the Workers' Compensation Board, said, "Prior to the reform, lost wage benefits were insufficient for injured workers yet the system has had uncontrollable medical and indemnity costs. [read post]
13 Jul 2012, 4:47 am by David J. DePaolo
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]
12 Jul 2012, 10:46 am by Antonin I. Pribetic
  Costs to the respondent on a partial indemnity basis fixed at $11,000 inclusive of disbursements and applicable taxes. [read post]
7 Jul 2012, 12:07 pm by BuckleySandler
(“SCBI”) for fraud and other state law claims flowing from SCBI’s alleged material misstatements relating to the company’s financial condition. [read post]
5 Jul 2012, 12:31 pm by Steven Boutwell
The Insured must report the Claim to the Company, in writing, as provided in Section III. [read post]
4 Jul 2012, 11:37 am by BGrimm
As to recommending a particular duty with regard to security, I would have to know the facts before advising or recommending hiring security guards, and I would make suggestions about presenting the idea to the members, and recommendations for the contract between the security company or person providing it and the HOA, especially focusing on the aspects of clearly defining allowable activities and appropriate allocation of insurance and indemnity protections. [read post]
3 Jul 2012, 6:05 pm by John Nastasi
If no deposit is required, the buy-sell can become a mechanism for nuisance lawsuits and delay with no risk of financial loss to deter default. [read post]
14 Jun 2012, 4:04 pm by Richard Bortnick
 Particularly if the prospective partner wants an indemnity or hold harmless you aren’t in a position to give because you don’t know what exposures you’re potentially buying. [read post]
7 Jun 2012, 6:30 am by Rebecca Shafer, J.D.
This is coming in the way of legal changes, medical changes, and indemnity pay changes. [read post]
5 Jun 2012, 6:30 am by Rebecca Shafer, J.D.
With proper reserving, the insurer or self-insured will be able to meet the financial obligation to pay the claim. [read post]
3 Jun 2012, 9:02 pm by Daniel Richardson
  Plaintiff not only sued the Neighbors, but also included as co-defendant, the landscaping company hired to remove the trees. [read post]
17 May 2012, 3:38 am by David J. DePaolo
This can explain why Tokio Marine was interested in Delphi Financial and Delphi's workers' compensation holdings, including Advantage Insurance.Compared to the average publicly traded company, workers' compensation insurance has a poor rate of return - but it's that long term cash flow that keeps the clocks ticking and why carriers won't flee California. [read post]
16 May 2012, 6:30 am by Rebecca Shafer, J.D.
When an employee returns to work as soon as he is medically able, the indemnity payments are decreased, the medical and rehabilitation cost are lower and there is less of a productivity drop for the employer. [read post]
10 May 2012, 6:55 am by Rebecca Shafer, J.D.
  A strong and well known return to work program with a transition duty job for every injured employee reduces the financial incentive for workers comp fraud. [read post]
1 May 2012, 5:41 pm by S2KM Limited
Mal Deener - Symetra Life Insurance Company (on behalf of Berkshire Hathaway Life Insurance and National Indemnity) In subsequent blog posts, S2KM will review selected SSP conference topics. [read post]
1 May 2012, 6:33 am
According to evidence at his trial, PCI sold financial guarantee bonds to companies that sold life settlements, or securities backed life settlements, to investors. [read post]
27 Apr 2012, 11:38 am by admin
Michael Childress works in Christchurch for Risk Worldwide, an international consulting company specializing in insurance recovery. [read post]
16 Apr 2012, 12:48 am by Kevin LaCroix
Because D&O insurance derives from the indemnification obligation, and because the company’s indemnification obligation includes both the obligation to provide for defense expense and for indemnity amounts, the D&O insurance policy has always provided coverage for both defense expense and for settlements and judgments. [read post]