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11 Oct 2010, 9:46 pm
Phoneix Life Insurance Company: the Second Circuit certified the following question to the Court of Appeals: "Does New York Insurance Law Secs. 3205(b)(1) or (b)(2) prohibit an insured from procuring a policy on his own life and immediately transferring the policy to a person without an insurable interest in the insured's life, if the insured did not ever intend to provide insurance protection for a… [read post]
11 Oct 2010, 9:28 pm
” The crucial section of the Act appears to be paragraph 1(7) of Schedule 3 which deals with “Exempt Persons”: “The person is exempt if - (a) the person is an individual whose work includes assisting in the conduct of litigation, (b) the person is assisting in the conduct of litigation - (i) under instructions given (either generally or in relation to the proceedings) by an individual to whom sub-paragraph (8) applies, and (ii) under the supervision of that… [read post]
11 Oct 2010, 12:14 pm
" McAfee analogized software to insurance and credit, which courts have previously held are "intangible chattels," and not covered by the CLRA. [read post]
11 Oct 2010, 6:36 am
Ryan Julson, Business License Research Analyst, Corporation Service Company Soucre: PineTree.net [read post]
11 Oct 2010, 6:31 am
The SEC proposed a subjective qualitative definition for determining what constitutes a “financial company” based on whether a company is engaged to a “significant extent” in the business of lending, deposit-taking, insurance underwriting or providing investment advice, or is a broker or dealer. [read post]
10 Oct 2010, 8:11 am
Tax fraud, tax evasion, securities fraud, a fraud on the courts, a Ponzi scheme of Herculean proportion, the unqualified failure of our government’s regulatory and enforcement agencies… the money long gone to bankers in the form of mega-bonuses… and a group of Wall Street bankers confident that Congress will simply white wash over everything (read: socialize the debt) and send the bill to the American people. [read post]
8 Oct 2010, 7:50 pm
b. [read post]
8 Oct 2010, 6:58 am
This doctrine is based on the principle that, in an open and developed securities market, the price of a company’s stock is determined by the available material information regarding the company and its business. [read post]
8 Oct 2010, 5:14 am
Gowing and co-defendant Emil Scheringer were convicted in 2009 following a three-week trial before New York Judge George B. [read post]
8 Oct 2010, 5:00 am
" The court found that statements by executives at MGIC that the company engaged in “focused underwriting” were not attributable to the company and were too vague to be material. [read post]
7 Oct 2010, 1:22 pm
State Farm Fire & Casualty Company, a 1933, Austin Court of Appeals case. [read post]
6 Oct 2010, 11:03 am
Colony Insurance Company sought a declaration that Crusader Insurance Company improperly refused to defend a tenant lawsuit and share the costs incurred in defending the tenant litigation. [read post]
6 Oct 2010, 1:58 am
Yet another securities class action lawsuit against a non-U.S. company has been dismissed based on the U.S. [read post]
5 Oct 2010, 3:28 pm
., New England Regional Counsel for Westcor Land Title Insurance Company. [read post]
3 Oct 2010, 2:35 pm
TODD CAMERON BISHOP, Appellee. 2nd District.Insurance -- Uninsured motorist -- New trial -- Trial court did not abuse discretion in granting insured plaintiff a new trial in action against insurer where court had entered summary judgment for plaintiff on liability, and jury awarded plaintiff zero damages upon finding that automobile accident was not a legal cause of any injuries to plaintiff -- Trial court did not abuse discretion by finding that jury verdict was contrary to… [read post]
2 Oct 2010, 8:43 am
Example:MEDIATIME: "CURBING DRUG-COMPANY ABUSES: ARE FINES ENOUGH? [read post]
1 Oct 2010, 4:55 pm
That requirement mandates that an insurance company pay out in health care claims at least 80% or, for larger employers, 85% of all premiums collected. [read post]
1 Oct 2010, 2:01 am
Insurance IV. [read post]
30 Sep 2010, 5:53 pm
Yes, that’s billion, with a B. [read post]
30 Sep 2010, 3:30 pm
The proposed rule B-19 is up for public comment, and if adopted, it will make Arkansas the second state to require the disclosure of the chemical constituents of fracing fluid. [read post]
