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They also can provide liability insurance for claims arising from other security events that do not involve PII, specifically the loss or theft of confidential corporate information, as well damages caused by security events that result in: (1) the alteration, corruption, destruction, deletion or damage to data; (2) the failure to prevent the transmission of malware from the insured’s computer system to third-party systems; and (3) the use of the… [read post]
18 Dec 2019, 10:03 am by Cynthia Marcotte Stamer
District Court for the Southern District of New York today (December 17, 2019) against the nation’s largest long term care pharmacy provider, Omnicare, and its parent, CVS Healthcare Corporation may signal the advisability for insurers, fiduciaries, administrators and sponsors of insured and self-insured health and other benefit plans providing pharmacy benefits to tighten claims and audit past claims payments for prescription drug claims submitted… [read post]
8 Dec 2008, 6:46 am
Given the opportunity to do so these individuals have made no declaration as to whether they (1) take or do not take factoring compensation (a practice proven to come out of the tort victim's bottom line) (2) do or do not sell names of structured settlement annuity payees to factoring companies (3) do or do not provide settlement paperwork to factoring companies. [read post]
28 Jun 2013, 12:38 pm by Patti Spencer
Edgar Sentell, author of the article The Missing Insured and the Life Insurance Death Claim appearing in FDCC Quarterly, Vol 54 No. 2 (Winter 2004), the most difficult aspect of the problem of a missing insured is when the insurance company pays the amount of money due under the policy and the insured reappears. [read post]
12 Sep 2024, 1:12 pm
When you call 911, notify the police that the at-fault driver fled, provide a description of the vehicle, and ask them to track the person down.2. [read post]
17 Apr 2015, 2:16 pm
Part 2: How are Limits of Liability Evolving, with Respect to the Issue of Data Breaches? [read post]
3 Apr 2019, 10:48 am by Beth Graham
” Under the proposed arbitration, health providers and insurers submit their best and final offer to cover treatment costs and the final decision for payment is made by an arbiter based on supporting evidence, including in-network rates. [read post]
1 Jul 2009, 7:23 pm
Part and parcel of many types of claims for bodily injuries is the medical examination conducted by a physician designated by an insurance company. [read post]
31 Oct 2016, 7:16 am by Barry Aronin
Insurance Companies strive to create headaches for everyone involved in the process: insureds, providers, etc. [read post]
25 Apr 2009, 1:20 pm
 Footnote 2 in the GEICO case explains Francois's insurance fraud arrest: In his affidavit sworn to April 21, 2006, Christopher J. [read post]
13 Sep 2016, 8:18 pm by Kevin LaCroix
Why was the service provided by Mr Robinson not a professional service? [read post]
10 Mar 2023, 10:00 am by Cynthia Marcotte Stamer
Stamer’s work throughout her 35 year career has focused heavily on working with employer and other staffing and workforce organizations, health care and managed care, health and other employee benefit plan, insurance and financial services and other public and private organizations and their technology, data, and other service providers and advisors domestically and internationally with legal and operational compliance and risk management, performance and workforce… [read post]
10 Feb 2009, 4:54 am
  This holding accords with New York appellate case law and New York Insurance Law § 3105, which provides, in pertinent part: § 3105. [read post]
17 Sep 2015, 9:48 am by Ildiko Duckor and Corey Harris
FAQs regarding the BE-180 benchmark survey are available here. ___________________ [1] See our alerts and articles on other BEA survey forms here. [2] Additional entities included in the definition are commercial banking entities, bank holding companies, financial holding companies, savings institutions, check cashing and debit card issuing entities, underwriters, investment bankers, providers of securities custody services, insurance carriers, insurance agents,… [read post]