Search for: "Commercial Risk Reinsurance Company Limited" Results 41 - 60 of 95
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11 Jul 2019, 11:40 am by skelly
” RPGs, unlike risk retention groups, are not insurance companies at all, but rather are entities formed for the sole purpose of purchasing commercial liability insurance, which makes them easier (and cheaper) to establish and take to market than their risk retention group counterparts. [read post]
19 Jun 2019, 7:26 am by skelly
New York expressly allows for risk retention groups (a particular species of captive insurers) and risk purchasing groups (vehicles established to purchase group liability insurance from admitted or surplus lines insurers) to provide or purchase group commercial liability insurance, respectively, without tripping New York’s group prohibitions. [read post]
14 May 2019, 6:16 am by skelly
There are specific requirements for insurance companies and other licensees to manage the cybersecurity risk of their third party service providers, and to ensure that these third parties can abide by applicable limitations on the use and sharing of data. [read post]
13 May 2019, 1:54 pm by skelly
 The types of accident and health coverage that some states are permitting in the nonadmitted market include, but are not limited to, short term medical, international major medical, excess disability, high-risk disability and other similar coverages. [read post]
8 Apr 2019, 6:31 am by skelly
Florida has proposed eliminating the limit on surplus lines broker fees (currently $35 per policy) and to instead allow for any “reasonable” policy fee. [read post]
11 Mar 2019, 2:51 pm by tvasil
  Indeed, InsurTech companies often find themselves involved with both Investors that seek only financial returns as well as Investors that provide important strategic support as evidenced by commercial agreements. [read post]
14 Feb 2019, 4:44 am by Simon Lovegrove (UK)
The Bill aims at avoiding market distortions and risks to financial stability in a hard Brexit scenario. [read post]
7 Feb 2019, 6:21 am by Ariel E. Levite, Wyatt Hoffman
This is a particularly acute concern for reinsurerscompanies that provide stop-loss coverage, or protection against unsustainably costly claims, to other insurers—making both reinsurers and primary cyber insurance providers naturally hesitant to support more extensive cyber underwriting. [read post]
28 Oct 2018, 8:24 pm by Kevin LaCroix
For that reason, it “should come as no surprise” that Transatlantic Reinsurance’s October 2018 analysis of the U.S. public company D&O liability insurance marketplace reveals “price inadequacy” – that is, that the “level of compensation in the market is not commensurate with the risks being taken. [read post]
28 Mar 2018, 10:00 am by Matthew D. Lee
For example, coverages may insure implausible risks, fail to match genuine business needs, or duplicate the taxpayer’s commercial coverages. [read post]
10 May 2017, 10:20 am by Cynthia Marcotte Stamer
While many excellent reasons may exist for a business to offer group health coverage for qualifying employees, all employers regardless of size considering offering group health coverage obtained through the SHOP or other sources should keep in mind that employers that establish and maintain group health coverage, the group health plans they establish and the company or persons with discretionary authority or responsibility for the maintenance, management or administration of these programs… [read post]
25 Apr 2017, 3:21 pm by Cynthia Marcotte Stamer
  Sponsors and plan fiduciaries also need to be concerned about other risks beyond sponsoring employers’ excise tax liability exposures for sponsoring a non-compliant group health plan. [read post]
22 Dec 2016, 7:44 am by Steven V. Buckman
It is also not uncommon for the primary insurance company to cede or reinsure part of its own risk. [read post]
15 Aug 2016, 4:31 pm by Michael B. Stack
A Risk Manager told me if I wanted to get into safety I should go to work for insurance company. [read post]
3 May 2016, 5:08 pm by Kevin LaCroix
 Realizing this risk does not fit easily within protections afforded by traditional insurance, the insurance industry has created and brought to market a variety of cyber-risk policies providing both first-party loss and third-party liability coverage. [read post]
5 Jan 2016, 8:14 am by The Lawrence Law Group
The report identifies that a key component of how insurance companies analyze risk remains their exposure to hurricane loss and the recoveries of reinsured losses. [read post]
5 Jan 2016, 8:14 am by The Lawrence Law Group
The report identifies that a key component of how insurance companies analyze risk remains their exposure to hurricane loss and the recoveries of reinsured losses. [read post]
4 May 2015, 9:02 am by Christopher G. Hill
Commercial Property Coverages: The commercial property area has the most established products, addressing coverage for building upgrades. [read post]
3 Jan 2013, 8:30 am by Mark S. Humphreys
Here is some guidance: As described below, the Insurance Code limits the insurer's right to cancel coverage under the following types of liability insurance coverage: (1) general liability; (2) professional liability (other than medical professional liability); (3) commercial automobile liability; (4) commercial multi-peril; and (5) any other types or lines of liability insurance designated by the Texas Department of Insurance. [read post]
24 Oct 2012, 7:27 pm by Jon G. Brooks
”[10] Nevertheless, the 1705 law did not allow bankruptcy debtors to initiate their own action for a discharge, and such a discharge was available only to commercial debtors, not individual consumers. [read post]