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23 Mar 2011, 12:04 pm
Before March, 1911, insurance companies in New York City and elsewhere would too often focus on selling more and larger policies as opposed to focusing on risk reduction. [read post]
20 Mar 2017, 1:09 pm
Balance billing occurs when patients are billed by out-of-network providers for services not covered by their insurance companies. [read post]
31 May 2011, 11:13 am
Health insurance companies can't ration health care, of course, but they certainly can ration health insurance. [read post]
23 Sep 2008, 8:06 pm
So, what do companies and employers need to be thinking about now? [read post]
17 Apr 2023, 5:00 am
Under the Medicare Advantage (MA) program, the Centers for Medicare & Medicaid Services (CMS) makes monthly payments to Medicare Advantage Organizations (MAOs), typically private insurance companies, according to a system of risk adjustment that depends on the health status of each enrollee. [read post]
24 Sep 2015, 1:32 pm
Reliance Standard Life Insurance Company, the plaintiff was diagnosed with Crohn’s disease, Sjogren’s syndrome and possibly narcolepsy. [read post]
4 Feb 2010, 1:34 pm
As to life settlements, life insurance companies may be motivated by concerns their representatives have described concerning the possibility that the growth of the life settlement industry is threatening the favorable tax treatment of life insurance, as well as the marketability of the sale of life insurance. [read post]
19 Jul 2017, 11:28 am
District Court for the District Columbia, in the lawsuit filed in 2014 challenging “Operation Choke Point” — a federal enforcement initiative involving various agencies, including the Consumer Protection Branch of the Department of Justice (DOJ), the Federal Depository Insurance Corporation (FDIC), the Federal Reserve (Fed), and the Office of the Comptroller of the Currency — denied the agencies’ motions to… [read post]
12 Jan 2023, 10:00 am
Additionally, a company should require these vendors to carry insurance that would provide coverage for such a claim (either E&O or professional liability insurance) and that the company be named an additional insured on such policies. [read post]
18 Sep 2017, 12:57 pm
Florida home owners must get flood insurance coverage through an insurance company that offers flood insurance or through the National Flood Insurance Program, which is operated by the federal government (According to FEMA’s website “You can only purchase flood insurance through an insurance agent or an insurer participation in the NFIP. [read post]
5 Aug 2008, 11:17 am
“Securities laws are not insurance to protect against economic losses,” Teilborg said at a hearing in federal court in Phoenix. [read post]
22 Feb 2013, 2:01 pm
In most states, the most famous exception being Louisiana, there’s no such thing as a “direct action” against an insurance company by the allegedly injured person. [read post]
15 Nov 2015, 6:18 pm
Even if your net worth is well below the Federal threshold where the federal estate tax becomes an issue, the New Jersey Estate Tax may still be a problem. [read post]
23 Jul 2013, 3:04 pm
NELLIE BORBA NASSIROU, Appellee. 1st District.Insurance -- Liability -- Trial court should have dismissed third-party complaint for declaratory judgment brought against liability insurer where there had been no settlement or verdict against insured -- Party who was allegedly injured as result of insured's negligence, but who has not obtained a settlement of verdict against insured, has no beneficial interest in insured's policy with insurer and… [read post]
22 Apr 2023, 12:05 pm
The court found that the policy was ambiguous because the policyholder’s interpretation was a plausible interpretation: When, as here, there are ‘competing plausible interpretations of the insurance policy’ doubts as to the intended meaning of the words must be resolved against the insurance company that employed them. [read post]
30 Jul 2023, 2:39 am
This may involve negotiating with insurance companies, pursuing claims against liable parties, or filing lawsuits to ensure injured people receive the total compensation they deserve. [read post]
3 Sep 2024, 3:00 am
Principles For Climate-Related Financial Risk Management Checklist Review highlights of the Principles, issued by the Office of the Comptroller of the Currency, the Federal Reserve Board, and Federal Deposit Insurance Corporation, and recommendations to address climate-related financial risks for large financial institutions. [read post]
10 Nov 2010, 7:44 am
Guy Carpenter & Company, LLC v. [read post]
24 Aug 2012, 10:10 am
Federal inspectors have blamed OSHA for a lack of oversight of state systems. [read post]
3 Apr 2012, 1:23 am
Hughes practice has focused on advising liability insurers of financial institutions, particularly banks, investment advisers, mutual funds, venture capital funds, and insurance and securities brokers on claims under ERISA, the Investment Company and Investment Advisers Acts of 1940, federal and state securities laws and state law on negligence and breach of fiduciary duty.Mary-Pat Cormier focuses her practice in the area of financial services and securities… [read post]
