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20 Aug 2010, 1:30 pm by Lucas A. Ferrara, Esq.
Ian Pearl, and allows our State to protect these individuals from the abuses of insurance companies. [read post]
20 Aug 2010, 9:42 am by James Hamilton
According to Senator of Susan Collins, author of Section 171, it is the intent of Section 171(b)(7) to require the federal banking agencies, subject to the recommendations of the Financial Stability Oversight Council, to develop capital requirements applicable to insured depository institutions, depository institution holding companies, and nonbank financial companies supervised by the Federal Reserve Board that are engaged in activities that are subject to… [read post]
Significantly for the financial services sector, the law expressly excludes banks, insurers and surety companies from its coverage by excepting them from its definition of “employer. [read post]
18 Aug 2010, 1:42 pm
” American Fire National Insurance Company (“American”) insured the Bishop from November 1, 1978 to November 1, 1979, under a comprehensive general liability policy for sums he became legally obligated to pay as damages up to a limit of $500,000 per occurrence. [read post]
18 Aug 2010, 12:06 pm by structuredsettlements
Executives at insurance companies with New York exposure should be establishing protocols with their legal representatives and structured settlement consultants to assure that this legal obligation is not overlooked. [read post]
18 Aug 2010, 11:46 am by Douglas Reiser
So, you will only be able to recover the amount of the bond if (a) you have priority and (b) you are not restricted otherwise. [read post]
17 Aug 2010, 7:00 am by Lucas A. Ferrara, Esq.
" Governor Paterson vetoed the following bills today: A356/S2293-B: Creates the technology employment community hub (TECH) centers program to award grants to community colleges for skills training A520/S5926: Requires counties to maintain a registry of people of all ages with disabilities for the purpose of evacuating and sheltering such persons during disasters A779A/S2993-B: Directs the department of environmental conservation to periodically update the model… [read post]
17 Aug 2010, 3:30 am by Chip Merlin
Insurance company coverage counsel certainly will do everything in their power to dismiss claims that their clients breached obligations of good faith when those cases are in federal court. [read post]
16 Aug 2010, 8:00 am by J Robert Brown Jr.
  (These factors are discussed in The Irrelevance of State Corporate Law in the Governance of Public Companies). [read post]
15 Aug 2010, 3:34 pm by Jodi Ginsberg
   Often settlement values are higher when the insurance company is facing open ended medical costs. [read post]
15 Aug 2010, 11:10 am
Your Plan's ability to keep and grow membership has been weakened vs. other insurance companies whose rates go up by a lesser amount. [read post]
12 Aug 2010, 9:06 pm by Steven J. Malman
He claims that the company failed to buy adequate liability insurance—a statement that the defendant disputes. [read post]
11 Aug 2010, 10:41 pm
  Kelleher based his request for coverage on his contention that he qualified as an "insured" under the policy, which provided: WHO IS AN INSURED (l)  If you are designated in the Declarations as: (d)  An organization other than a partnership, a joint venture or limited liability company, you are an insured. [read post]
11 Aug 2010, 2:53 pm
Insurance Commissioner Steve Poizner has announced new regulations that go into effect aimed at combating improper rescissions by insurance companies. [read post]
11 Aug 2010, 12:55 pm by Richard Bortnick
For the period December 5, 2006, to December 5, 2007, it was insured under two concurrent policies issued by Federal Insurance Company (“Federal”): (1) a CGL policy covering occurrences which cause damage to tangible property, and (2) an E&O policy which covered claims for financial loss caused by a wrongful act in connection with a product’s failure to perform its intended function or serve its intended purpose, resulting in damage to intangible… [read post]