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21 Nov 2008, 1:37 pm
At this stage, the EESA applies to financial institutions which, under the EESA §3, cover a broad range of institutions including, without limitation, banks, insurance companies, broker dealers and savings associations subject to federal, state or certain territorial regulations (but excluding any central bank of, or institution owned by, a foreign government). [read post]
20 Nov 2008, 5:39 pm
Life is good.Elaine Martin Martin Immigration Law 6333 E. [read post]
17 Nov 2008, 9:02 am
The suspension does not apply to these companies’ direct insurance broking businesses because SUSEP does not require E&O coverage for direct insurance brokerage operations.If you would be interested in learning more about Latin American (re)insurance markets and/or regulatory environments, please click the “Email the Editor” button and provide your contact information for follow-up by an EAPD attorney. [read post]
17 Nov 2008, 5:00 am
Regardless, it is a testament to three things: (1) Insurance companies do not act in the best interest of their policy holders, (2) plaintiff's attorney's place individuals on equal footing with the largest of companies, and (3) even when pushed to the limits by the Mississippi AG and the Scrugss law firm, the insurance company will still only pay 50% of what they should. [read post]
16 Nov 2008, 12:48 am
Inadequately trained independent external auditors, the first line of defense for insuring the integrity of financial reporting, are supervised by even less competent and less independent audit committees. [read post]
15 Nov 2008, 9:10 am
Great Northern Insurance Company -- personal package policy to Joseph Picone, Jr. [read post]
14 Nov 2008, 2:59 pm
Advisen observes that these losses will be borne mostly by a few D&O insurers that write financial institution risks and Advisen predicts that there will be increases in premiums for financial institution D&O coverage and real estate companies’ D&O coverage.With respect to E&O coverage, Advisen anticipates $3.7 billion in E&O losses over 2007, 2008 and 2009, approximately $2.2 billion of which will fall… [read post]
13 Nov 2008, 1:52 pm
[W]e acknowledge that some adaptation of the rules of causation and liability may be appropriate in these recurring circumstances.Id. at 936. [read post]
12 Nov 2008, 1:50 am
Farmers Insurance Company, 2008 Ore. [read post]
11 Nov 2008, 2:20 pm
In an August 2007 press release, Marsh warned "the financial services sector, including insurance companies, hedge funds, banks and ratings agencies, that they may be exposed to greater directors' and officers' liability (D&O) and errors and omissions (E&O) liability claims in the wake of the current subprime mortgage crisis. [read post]
10 Nov 2008, 12:24 pm
Federal Insurance Co. [read post]
10 Nov 2008, 12:36 am
As the Advisen report notes, these issues are particularly relevant for claims against companies in the financial sector, as many of these companies carry very large self-insured retentions or have limited their insurance coverage protection solely to Side-A only protection. [read post]
9 Nov 2008, 1:39 pm
Many insurance companies will try to get the injured person to sign a HIPAA release in the early days following the crash so that they insurance company can get access to records and documents but this is a huge mistake. [read post]
6 Nov 2008, 1:02 pm
Feldman observed that e-discovery has been a "goldmine" for the plaintiffs’ lawyers, and because of the expense involved, the "big loser" has been the insurance companies. [read post]
31 Oct 2008, 4:00 am
Our tax professionals advise on mergers and acquisitions, joint ventures, limited liability companies, reorganizations, the structuring of foreign investments, debt-for-stock and other exchanges, private foundations, real property investments, e-commerce, e-zone companies and individual as well as corporate (international) tax-planning. [read post]
30 Oct 2008, 11:59 pm
Earlier today the Queens County District Attorney's Office announced that 61 individuals and 2 corporations have been charged with engaging in a widespread, multimillion-dollar no-fault automobile insurance fraud scheme that sought to defraud insurance companies by intentionally staging accidents, submitting false medical and bodily injury claims and arranging for unneeded treatment and costly and unwarranted medical tests. [read post]
30 Oct 2008, 6:03 pm
Court of Appeals for the Federal Circuit issued a rare full-court opinion that may limit the ability of companies to obtain patents on methods of doing business. [read post]
30 Oct 2008, 8:27 am
(Emphasis added) E. [read post]
30 Oct 2008, 7:28 am
Thus, this decision is not an open invitation to spammers or other types of businesses to engage in unfair business practices by wrongfully using another company's servers or other computer equipment. [read post]
29 Oct 2008, 1:19 am
Many of their stories are humorously retold by industry veteran Larry Goanos in his new book Claims Made and Reported: A Journey Through D&O, E&O and Other Lines of Insurance (here). [read post]
