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14 Nov 2006, 4:54 am
" Specifically, the Model Act excludes from the definition of a security:"an insurance or endowment policy or annuity contract under which an insurance company promises to pay a fixed [or variable] sum of money either in a lump sum or periodically for life or other specified period. [read post]
12 Nov 2006, 6:51 am
Huck's; AP/Columbia Daily Tribune] Insurance company profits: the complete story. [read post]
8 Nov 2006, 9:25 am
We reverse, vacate, and remand to the trial court.In Safe Auto Insurance Company v. [read post]
31 Oct 2006, 6:21 am
Coffey noted that WorldCom involved a unique situation where the company had entered bankruptcy (making director indemnification by the company less likely), the company's auditor (Arthur Andersen) was defunct, the company's bankers wielded a due diligence defense for their role in the scandal, and the company's $100 million directors and officers' insurance policy had been exhausted. [read post]
25 Oct 2006, 6:25 am
  Pac-West's insurer, American Guarantee and Liability Insurance Company, a Zurich subsidiary, paid Pac-West's $67,000 loss, and then sued PG&E. [read post]
24 Oct 2006, 7:05 am
As always, feel free to call me or e-mail me with any questions at walter.james@jamespllc.com. [read post]
19 Oct 2006, 1:10 pm
Meanwhile, he has accepted new donations from groups affected by an insurance commissioner's actions: companies that sell home warranty policies; attorneys and healthcare providers involved in workers' compensation cases; bail bond companies — which are regulated by the state Department of Insurance — and lawyers who represent insurance companies before the state. [read post]
14 Oct 2006, 9:37 am
(12) Any equity security issued in connection with the acquisition by a holding company of a bank under section 1842(a) of Title 12 or a savings association under section 1467a(e) of Title 12, if-- (A) the acquisition occurs solely as part of a reorganization in which security holders exchange their shares of a bank or savings association for shares of a newly formed holding company with no significant assets other than securities of the bank or savings… [read post]
7 Oct 2006, 5:06 am
Assist hospitals, physicians and insurance companies in seeking advisory opinion on proposed projects involving certificate of need approval. [read post]
3 Oct 2006, 3:08 pm
Applicable Code Sections: 72(e)(11), 1035, 7702B(b), 7702B(e), 6050U(a) [read post]
6 Sep 2006, 12:18 pm
 The main evidence relied on by the Antitrust Court included copies of several e-mails between the providers and the accused retailers, and phone calls registers that showed an increase in the total amount of traffic between executives of the two companies and between them and the providers. [read post]
4 Sep 2006, 7:55 am
Compliance with the requirements imposed under this title with respect to consumer reporting agencies, persons who use consumer reports from such agencies, persons who furnish information to such agencies, and users of information that are subject to subsection (d) of section 1681m of this title shall be enforced under (1) section 8 of the Federal Deposit Insurance Act [12 U.S.C. § 1818], in the case of (A) national banks, and Federal branches and Federal agencies of… [read post]
24 Aug 2006, 2:09 pm
Assignment providers for taxable damages: This may affect insurance companies who provide assignments for taxable damages. [read post]
11 Aug 2006, 10:16 pm
"Now I'm back," said Osborn, a sales manager for a golf company. [read post]