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11 Dec 2023, 12:11 pm by Alyzza Austriaco
” ( INSURANCE JOURNAL ) KS Insurers to Pay Lower Surplus Lines Tax Rate in 2024 Kansas insurance companies will start paying a lower surplus lines tax rate next year, due to legislation ( HB 2090 ) enacted in April lowering the rate from 6% to 3%. [read post]
19 Mar 2024, 11:01 am by Alyzza Austriaco
The proposed reforms, contained in an amendment to HB 5395 , would ban prior authorization requirements for in-patient treatment at psychiatric facilities and all forms of “step therapy” for prescription drug coverage, as well as require insurance companies to publicly post treatments and therapies requiring prior authorization and prohibit the sale of short-term, limited-duration insurance plans that don’t meet the minimum requirements of the Affordable… [read post]
15 Jul 2009, 11:38 am
What the person who was wronged by the insurance company does to "get back" is change insurance companies. [read post]
29 Nov 2017, 11:35 am
  (Keep in mind that some insurance companies ask for Social Security Numbers of the beneficiaries and you may not want to ask people for that, or they may want to know why. [read post]
15 May 2014, 6:48 am by Mark S. Humphreys
--Extended Coverage * * * Windstorm, Hurricane, Hail, Explosion, Riot, Civil Commotion, Smoke, Aircraft and Land Vehicles.' Under 'Specific Coverage Condition,' appears the following exclusionary clause: 'conditions applicable only to Windstorm, Hurricane, and Hail: Unless specifically named hereon this company shall not be liable for loss to metal smokestacks * * * nor (b) by snowstorm. * * *' The insurance company pleaded the specific… [read post]
6 Aug 2009, 5:45 am
Standard & Poor has downgraded from a B to a CC rating the debt obligation of Peach Holdings,  Inc. [read post]
13 Apr 2016, 4:30 am by Jennifer Van Voorhis
It states: “Unless otherwise provided in writing added hereto, this company shall not be liable for loss occurring (a) while the hazard is increased by any means within the control or knowledge of the insured; or (b) while a described building, whether intended for occupancy by owner or tenant, is vacant or unoccupied beyond a period of sixty consecutive days; or (c) as a result of explosion or riot, unless fire... . [read post]
19 Feb 2023, 3:00 am by Chip Merlin
North presiding, MMA admitted to having sent letters of representation to insurance companies on behalf of insureds, while MMA did not represent those insureds, but rather represented APEX. [read post]
Instead of allowing the injured worker to see the expert his workers' comp doctor suggests, the insurance company will want him to go much farther away to a medical provider of its choosing instead. [read post]
20 Jan 2021, 3:00 am by Jay Butchko
  If general contractor A hires company B as a subcontractor, and B hires company C, then if an employee of C gets injured at the work site, he should file a workers’ compensation claim with C. [read post]
16 May 2017, 6:39 am by Kaylin S. Grey
GRC began tendering the claims to its excess insurers in 2002, after its liabilities had far exceeded the limits of its primary insurance coverage, and the primary insurers could no longer defend and indemnify the company for these claims. [read post]