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18 May 2014, 8:54 am
" ReliaStar's underwriters testified that all information provided by an insurance applicant is considered when determining whether to provide coverage and how much coverage to provide. [read post]
7 Nov 2017, 7:17 am
These provisions provide challenges for United States policyholders and “stack the deck” in favor of the insurance companies that are repeat players in “Bermuda Form arbitrations. [read post]
28 Jul 2011, 5:05 am
Our auto No-Fault system provides better care without using public tax dollars There are two things that are currently being lost in the political debate of whether to change Michigan’s No-Fault insurance system. [read post]
28 Jul 2023, 9:12 am
Whether they possess specialized cyber insurance or not, insurers often decline claims, citing various reasons such as failure to provide timely notice, failure to mitigate costs, employee misconduct or criminal activity leading to the breach, or attributing the losses to a party not covered by the policy. [read post]
13 Sep 2010, 3:56 am
”In contrast to the situation in the Schenectady case, the Court concluded in the Geneva case that (1) the retired union members never had any contractual rights with respect to health insurance benefits during retirement and (2) Resolution No. 33 did not give the retirees any vested rights to any particular health insurance benefits during retirement. [read post]
12 May 2021, 11:55 am
In contrast, insurance providers sell contracts that make promises to pay if certain damaging events occur. [read post]
21 Apr 2023, 11:15 am
Paying premiums: The trustee uses the money you provide to pay the life insurance policy premiums. [read post]
25 Apr 2013, 8:48 am
Dallas insurance lawyers need to understand when a change of beneficiary is valid in a life insurance policy. [read post]
21 May 2020, 5:53 pm
In conjunction with the Locke Lord COVID-19 task force, we are reviewing, analyzing, and compiling regulatory updates to provide clients easy access to information during this unprecedented time. [read post]
27 Jan 2024, 12:42 pm
A recent opinion, discussed below, does a nice job providing a synopsis of a first-party statutory bad faith claim against an insurer: The Florida Legislature created the first-party bad faith cause of action by enacting section 624.155, Florida Statutes, which imposes a duty on insurers to settle their policyholders’ claims in good faith. [read post]
12 Nov 2021, 3:17 am
The insured, an attorney’s practice, held a professional indemnity policy with a limit of indemnity for one claim of £2 million. [read post]
3 Nov 2015, 6:48 am
The Prudential Insurance Company of America. [read post]
11 Oct 2012, 11:04 am
The Obama administration wants those requirements loosened so that an estimated 2 million uninsured Floridians could be covered by Medicaid. [read post]
17 Mar 2015, 7:36 am
In Texas, an insurance agent, such as Grantham- Adkins, owes the following common-law duties to a client for whom it undertakes to procure insurance: (1) to use reasonable diligence in attempting to place the requested insurance and (2) to inform the client promptly if unable to do so. [read post]
6 Apr 2013, 7:55 am
An 'employee' of the 'insured' arising out of and in the course of: (1) Employment by the 'insured;' or (2) Performing the duties related to the conduct of the 'insured's' business . . . ." [read post]
28 Jul 2014, 4:03 am
Jones for over 20 to 25 years, and (2) that the Barricks received copies of their insurance policies, declarations pages, and renewal notices during this time period. [read post]
11 Feb 2014, 7:47 am
Schulz contended, notwithstanding her responses and admissions, that the PIP and ADI provisions contained in the policy provided coverage to persons "occupying" the insured vehicle. [read post]
20 Oct 2017, 4:11 pm
Texas Transportation Code Section 601.072 provides that: [T]he minimum amounts of motor vehicle liability insurance coverage required to establish financial responsibility under this chapter are: (1) $30,000 for bodily injury to or death of one person in one accident; (2) $60,000 for bodily injury to or death of two or more persons in one accident, subject to the amount provided by Subdivision (1) for bodily injury to or death of one of the… [read post]
24 Apr 2012, 6:44 am
They should also help small businesses that are seeking to provide employee health insurance. [read post]
1 Feb 2019, 11:25 am
MMSD was an additional insured under liability policies covering two other water service providers responsible for the city’s sewer systems. [read post]