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28 Jul 2009, 5:36 pm
In three previous blog posts, I detailed how Overstock.com (NASDAQ: OSTK) violated Generally Accepted Accounting Principles (GAAP) and SEC disclosure rules by improperly deferring the recognition of an accounting error to create a cookie jar reserve to inflate future profits. [read post]
27 Jul 2009, 6:24 am
" In the minds of many, insurance companies charge too much for too little. [read post]
24 Jul 2009, 7:22 am
I will backtrack a bit first. [read post]
24 Jul 2009, 2:13 am
According to the company’s May 27, 2009 filing on Form 8-K (here), the parties entered a preliminary agreement on May 26 2009 to settle the case for a cash payment of $32 million, to be funded entirely by the company’s D&O insurers. [read post]
23 Jul 2009, 11:49 am
The California Court of Appeal (Second Appellate District, Division Two) has issued an opinion which, although unpublished, is a must read for anyone handling an insurance bad faith case involving punitive damages.The jury awarded $682,000 in compensatory damages and $2.5 million in punitive damages (a ratio of 3.7-to-1) against an insurance company for unreasonably denying coverage. [read post]
23 Jul 2009, 10:00 am
It will prevent insurance companies from dropping your coverage if you get too sick. [read post]
22 Jul 2009, 8:09 am
In divorce, trial court's rescission of prenuptial agreement was improperly based on grounds that agreement was merely negligently prepared where neither husband-attorney nor his counsel read agreement before execution, that constituted more than ordinary negligence; husband had practiced law for 20 years, faxed back changes to first draft and signed without further review, which constituted gross negligence. [read post]
17 Jul 2009, 6:06 pm
The Campbells tendered defense of the Edwards suit to Ticor Title Insurance Company (“Ticor”), and Ticor denied coverage. [read post]
17 Jul 2009, 10:00 am
Because Jim Crow laws were overturned, black CEOs today run Fortune 500 companies. [read post]
Red Flags Rule: The FTC piles on, because HIPAA, ARRA and overlapping state laws just weren't enough
15 Jul 2009, 8:26 am
• A notice or inquiry from an insurance fraud investigator for a private insurance company or a law enforcement agency. [read post]
14 Jul 2009, 6:38 pm
He said he'd have to study the insurance company's brochure to find out. [read post]
14 Jul 2009, 9:36 am
Purchaser shall accept a Commitment meeting the terms set forth in sub-paragraph 8(a) and shall comply with all requirements of such Commitment (or any other commitment accepted by Purchaser). [read post]
8 Jul 2009, 7:11 pm
My health insurance company has recently ceased mailing me my EOBs and instead sends me an email and link to my EOB. [read post]
8 Jul 2009, 2:39 pm
Treasury and Fed Name Lucky Hedge Fund Managers The Treasury and the Fed just announced the hedge fund management companies which will be participating in the first round of the PPIP. [read post]
8 Jul 2009, 2:30 pm
She has also served as a marketing associate for the Coca-Cola Company. [read post]
8 Jul 2009, 11:56 am
This would promote competition in the ISP industry and set a straightforward standard for acceptable ITMPs. [read post]
8 Jul 2009, 11:43 am
If I remember correctly, Ruth had seen or even kept the company’s books for awhile. [read post]
8 Jul 2009, 9:37 am
First, you should not to discuss your case with anyone other than your lawyer. [read post]
7 Jul 2009, 7:45 pm
Some states have mandated that insurance companies have SIU units, others do not. [read post]
7 Jul 2009, 5:50 am
While this seems high, the personal injury award a skilled lawyer can earn is usually many times higher than what an insurance company might offer you to settle the case without getting a lawyer and going to trial. [read post]
