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22 Nov 2022, 9:46 am by Richard J. Andreano, Jr.
  With regard to the servicing of FHA-insured Title II loans and HECM loans, the Mortgagee Letter provides that a servicer must (1) for properties in a SFHA with flood insurance, annually review if the flood insurance is sufficient, and (2) annually review all properties to determine if a property is located in a SFHA. [read post]
8 Feb 2017, 6:30 am by Tom Pritchard
Critically, does (A) qualify both (1) and (2), or just (2)? [read post]
27 Oct 2011, 6:18 am by Mark S. Humphreys
" "(2) any other person using such automobile with the permission of the named insured, provided his actual operation or (if he is not operating) his other actual use thereof is within the scope of such permission, and" "(3) any other person or organization but only with respect to his or its liability because of acts or omissions of an insured under (a)(1) or (2) above," "Owned automobile" is defined in the policy as:… [read post]
17 Nov 2008, 3:00 pm
Regular reader and commenter "Roland" (not his real alias) worked for over 10 years for a major insurance carrier, transitioning to a TPA (Third Party Administrator) in the past year. [read post]
29 Apr 2024, 9:05 pm by Yosi Yahoudai
Insurance providers and regulators are grappling with how to keep the insurance companies in business while keeping residents and their properties protected. [read post]
27 Mar 2014, 5:54 pm by Sabrina I. Pacifici
 As demonstrated in our Occasional Papers 1 and 2, we have been exploring practical ways of using behavioural economics to improve our regime. [read post]
27 Jul 2012, 6:00 am by Wystan M. Ackerman
Apr. 2, 2012), a Central District of California decision granting a preliminary injunction against Conseco Life, in favor of a class of life insurance policyholders. [read post]
15 Oct 2010, 6:07 am by Stanley D. Baum
Section 6051(a)(14) provides, generally, that the aggregate cost of group health care coverage must be reported on Form W-2. [read post]
28 Apr 2020, 8:27 am by skelly
On April 10, 2020, the New Hampshire Insurance Department released Bulletin INS 20-013-AB (the “Bulletin”), providing additional guidance regarding the submission of certifications in accordance with RSA 420-P Insurance Data Security Law. [read post]
23 Nov 2021, 10:00 am by Michael Cannan
Liability coverage will usually provide some compensation for repairs to the damaged vehicle and injuries suffered by the other driver, but not the driver who caused the accident. #2. [read post]
4 May 2020, 4:44 pm by tvasil
New York:  On May 2, the New York Department of Financial Services issued Insurance Circular Letter No. 10 (2020), to all insurers authorized to write accident and health insurance in New York State, promulgating an emergency regulation to prohibit issuers from imposing cost-sharing for mental health services rendered by in-network providers on an outpatient basis for essential workers, regardless of whether the services are provided by… [read post]
28 Nov 2012, 5:00 am by Wystan M. Ackerman
The insurer failed to comply with the terms of the plan when it provided the benefits in the form of a retained-asset account, and the court found that the creation of the retained-asset account did not discharge the insurer's fiduciary obligations. [read post]
3 Feb 2013, 10:34 am by Mark S. Humphreys
In Old American's federal suit, it named only Shook as a defendant and sought only declarations that (1) Jarrett was not entitled to coverage under his insurance policy because of misrepresentations he allegedly made when he obtained the insurance, (2) Jarrett's vehicle was not covered by his personal policy, and (3) Shook had not made and could not make a valid Stowers claim. [read post]
10 Jan 2016, 3:49 pm by Mark S. Humphreys
Martinez claims the payment was insufficient but the policy provides that any additional payments will be paid after the work is complete. [read post]
3 Aug 2020, 7:33 pm
Consequently, the SUM provision of plaintiff's policy was triggered (see Insurance Law § 3420[f][2][A]; Matter of Government Empls. [read post]
8 Aug 2022, 5:30 am by Robert Kraft
Life insurance provides options to ensure that your family’s needs are covered. [read post]