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6 Jul 2020, 4:51 pm
All Lines of Insurance North Carolina: On July 2, North Carolina enacted House Bill 118. [read post]
1 Aug 2010, 7:34 am
This is further set out in the Texas Insurance Code, Section 542.051(2). [read post]
3 Mar 2022, 4:08 am
For insurers, the Climate Biennial Exploratory Scenario will provide the PRA with a better view of the risks that insurance companies face. [read post]
25 Jan 2021, 10:29 am
The McCarran-Ferguson Act, in part, provided an exemption for insurance companies from federal antitrust laws for conduct that constituted the “business of insurance,” as long as it was “subject to state regulation” and did not constitute an act of “boycott, coercion, or intimidation. [read post]
30 Dec 2011, 3:20 am
The conditions typically involve providing "immediate" notice to an insurance company of the loss. [read post]
15 Sep 2010, 9:01 pm
Co., 2 P.3d 510 (Wyo. 2000), the court held that a reservation letter cannot unilaterally change an insurance contract. [read post]
10 Jan 2023, 11:44 am
HHS is encouraging all stakeholders, including health care providers, associations, insurers, patients, and others, to submit comments to the proposed rule. [read post]
22 Nov 2023, 3:05 am
It reads: No (re)insurer shall be deemed to provide cover and no (re)insurer shall be liable to pay any claim or provide any benefit hereunder to the extent that the provision of such cover, payment of such claim or provision of such benefit would expose that (re)insurer to any sanction, prohibition or restriction under United Nations resolutions or the trade or economic sanctions, laws or regulations of the European Union, United Kingdom or United States… [read post]
17 Sep 2016, 4:00 am
However, courts are providing more and more guidance for insurers of companies who find themselves targeted by disaster. [read post]
14 Apr 2015, 11:32 am
Defendant’s policy contained an omnibus clause which provided coverage to (1) relatives by blood, marriage, or adoption, and (2) drivers given permission by the named insured. [read post]
31 Jan 2014, 2:23 pm
They should cover (1) discrimination, sexual harassment, and wrongful termination; (2) defamation; (3) publishers liability and copyright infringement; (4) coverage for failure to provide adequate or proper insurance; (5) provide a duty to defend; (6) coverage for the association’s manager as an additional insured (this is often a requirement under the management contract); (7) provide defense costs outside the limits of the D & O… [read post]
11 Jul 2017, 5:31 am
Plaintiff alleges that Sewell (1) did not prepare any estimates or scopes of damages to the property or failed to provide those reports to the insured, (2) failed to hire any qualified experts to appropriately assess the damage, (3) delayed the claims process and failed to communicate with the insured, and (4) misrepresented the Policy’s coverage. [read post]
12 Nov 2012, 5:52 am
Florida has a similar program for mediations to resolve property insurance claims, as provided for by statute and rule (also see the brochure used by the Florida Department of Financial Services, which regulates insurance companies). [read post]
11 Jun 2014, 4:42 am
Delayed notice is provided to insurers all the time. [read post]
5 May 2022, 9:20 pm
Does a health insurer abuse its discretion by denying a claim without providing a reviewing doctor with important records that would assist in proving medical necessity? [read post]
22 Mar 2011, 2:57 am
The mark LIFE INSURANCE FOR LIVING is incongruous because life insurance is not for living; it provides a death benefit for the insured’s survivors. [read post]
31 May 2013, 7:00 am
The current medical debt crisis in the United States is overburdening bankruptcy court.[1] Debtors are filing bankruptcy because they are unable to pay their medical debts.[2] An insurance mandate will not provide enough assistance for those with insurance and without insurance to eliminate all medical debt and avoid bankruptcy. [read post]
25 Feb 2015, 4:02 am
Finally, the policy likely excludes property damage by the insured him/herself. 2. [read post]
2 Oct 2023, 11:57 am
United has advised the department that it has voluntarily reprocessed claims dating back to February 2018 to provide benefits for claims denied based solely on a participant’s failure to provide evidence of insurability. [read post]
13 Apr 2018, 8:35 am
Thus, when in doubt, an insured should always provide notice to its insurer. [read post]
