Search for: "Ability Reinsurance Holdings Limited"
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29 Oct 2012, 9:46 am
Cambridge Gas held directly or indirectly 70% of the shares of Navigator Holdings, an Isle of Man company. [read post]
19 Oct 2012, 1:34 am
The bill was passed after removal of the most controversial provision, which would have placed time limits on when an insurer could seek a rate change.As previously reported SB 1448 incorporates into California law changes the NAIC made to its Insurance Holding Company System Model Law and Regulations. [read post]
12 Jun 2012, 1:18 am
We also now have the ability to level the playing field for foreign reinsurers and that could result in lower costs to consumers in the long run. [read post]
23 Apr 2012, 6:39 pm
Holdouts: Kevin argues that strategic holding out by insurers would still occur under if settlements were de-collectivized. [read post]
25 Mar 2012, 4:30 am
The law would effectively chip away at the state’s bad faith statutes – statutes that exist to ensure your insurance company is holding up its end of bargain and acting in good faith. [read post]
10 Mar 2012, 4:50 pm
Exhibit A identifies individual objectors (presumably ELNY annuity payees) by contract number and liability insurers (presumably ELNY "buy and hold" annuity owners) by name. [read post]
6 Oct 2011, 9:16 am
Up to your personal limit for settlement authority, that client is you. [read post]
23 Sep 2011, 6:10 am
Robinson is as follows: "Thomas and Betts and Its Insurers agree to hold harmless, indemnify and defend Wayne Robins, et al, The Fields law Firm and Cleo Fields for any amount owed to AXA, Kaisers Subrogated Property Reinsurers, Caleb Didriksen and the Didriksen Law Firm, not to exceed 1.2 million dollars. [read post]
16 Mar 2011, 5:34 am
” Thus, in the limitations context, the Court held that “it makes sense to link the standard for ‘discovering’ the facts of a violation to the plaintiff’s ability to make out or plead that violation. [read post]
4 Nov 2010, 8:07 am
Court of Appeals for the Third Circuit affirmed the District Court’s decision holding that a cedent’s settlement allocation was reasonable and binding on the reinsurer, except for the portion of the allocation that was based upon annualized per-occurrence limits for multi-year policies.In 1998, Travelers Casualty & Surety Company (“Travelers”) reached a $137 million settlement with its insured to resolve, among other things, claims involving… [read post]
26 Jun 2010, 4:59 pm
No Evasion: Large bank holding companies that have received TARP funds will not be able to avoid Federal Reserve supervision by simply dropping their banks. [read post]
7 Jun 2010, 12:39 pm
This kind of competitiveness argument holds no weight. [read post]
24 May 2010, 9:31 am
The current legislation will once again allow carriers to hold back depreciation on all first party claims. [read post]
10 May 2010, 11:30 pm
Some potential litigants may be deterred from doing so because the liquidity necessary to pursue litigation may be more limited, and the risk of failure more serious, in adverse economic conditions. [read post]
1 Feb 2010, 6:36 am
Probably more than any other change being discussed, the development of individual cooperators, if successful, has the greatest potential to accelerate and enhance the SEC’s ability to conduct investigations. [read post]
17 Aug 2009, 10:44 am
Please do not ask to be "removed" from this database unless you have the ability to travel back in time and undo your filing. [read post]
15 Jan 2009, 6:17 am
Therefore, while the statute does not prohibit Costa Rican entities from seeking insurance outside of the jurisdiction, an insurer holding such a policy would be left with little ability to investigate or adjust any potential loss.Therefore, even for companies that opt to wait and see as to the development of the Costa Rican insurance market, it is imperative to reevaluate underwriting activities regarding risks related to Costa Rica. [read post]
17 Sep 2008, 4:10 pm
But among the insurance companies, for example, there are many practical questions that only active and engaged management can decide – risk appetite, level of pricing aggressiveness, extent of reinsurance, limit exposures, prohibited classes, and so on. [read post]
13 Aug 2008, 12:40 pm
Specifically, a RRG would be required to hold a written charter, form an independent audit committee, and have a majority of independent directors on its board of directors. [read post]
15 Oct 2007, 3:05 am
Indeed, there is authority holding that it is bad-faith for an insurer to deny performance to the insured by pointing to another insurer. [read post]
