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4 Aug 2013, 6:35 am by Mark S. Humphreys
To recover a penalty under the statute act, an insured must establish that: a) the insured had a claim under an insurance policy; b) the insurance company is liable for the claim; and c) the insurance company has failed to comply with a requirement of the Act. [read post]
20 Aug 2010, 9:42 am by James Hamilton
According to Senator of Susan Collins, author of Section 171, it is the intent of Section 171(b)(7) to require the federal banking agencies, subject to the recommendations of the Financial Stability Oversight Council, to develop capital requirements applicable to insured depository institutions, depository institution holding companies, and nonbank financial companies supervised by the Federal Reserve Board that are engaged in activities that are subject to… [read post]
21 Nov 2019, 9:28 am by Dan Bressler
” — “Medidata submitted a claim for the loss under its insurance policy issued by the Defendant Federal Insurance Company (‘Federal’). [read post]
10 Mar 2009, 7:28 am
The insured, Narragansett Jewelry Company Inc., d/b/a C&J Jewelry ("Narragansett") was sued by Slane & Slane Designs LLC ("Slane") in the Southern District of New York for various theories, including breach of contract, negligence, negligent misrepresentation, and breach of express and implied warranties. [read post]
10 Aug 2023, 7:29 am by Kevin LaCroix
Order of Payments: Please check whether the order of payment of claims is listed for Side A, Side B and Side C coverages. [read post]
5 Jun 2012, 8:18 am
This article is the first of a two-part series of articles on insurance issues for condominium associations by our friend Daniel B. [read post]
1 Sep 2021, 9:10 am by Rebecca McDonough
Title companies also sell title insurance and offer escrow and closing services. [read post]
22 Jan 2014, 1:33 am by Kevin LaCroix
It is excess Side A coverage above the company’s traditional D&O tower (which itself has Side A coverage, Side B Company Reimbursement Coverage, and Side C Corporate Entity coverage imbedded therein). [read post]
11 Apr 2013, 7:28 am by Mark S. Humphreys
Attach all bills, receipts and related documents which you have that justify the figures in the inventory; 7) as often as is reasonable required; (a) provide the insurance company access to the damaged property; (b) provide the insurance company with pertinent records and documents requested and permit the making of copies; (c) submit to an examination under oath and sign and swear to it; 8) send, if requested, your signed sworn proof of loss… [read post]
9 Aug 2021, 6:15 am by Geoffrey B. Fehling
” Great American’s parent company “advised the California Department of Insurance in filings for the Endorsement that the Endorsement was not meant to narrow the scope of coverage provided by the [Commercial General Liability] form. [read post]
14 Apr 2023, 5:24 am by Etelka Bogardi (HK) and Conrad Lam
The new RBC regime (which will replace the existing rule-based capital adequacy regime) is intended to render the capital requirements imposed on insurance companies more sensitive to their asset and liability matching, risk profile and mix of products. [read post]
11 Sep 2015, 6:26 am
Form 1095-B will come from Aetna during his first job based insurance that covered him from January to May. [read post]
6 Nov 2008, 1:16 pm
The New York State Insurance Department recently issued "Equity index annuity contract or life insurance policy paid dividend disclosure under Section 3209(b)(2)(C). [read post]