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26 Mar 2012, 8:06 am by S2KM Limited
In related reporting, Release 51 also: Expands and updates prior reporting for life insurance insolvency procedures and state guaranty association laws; Offers advice to plaintiff attorneys about how to address the risk of non-payment by annuity providers; and Summarizes recent case developments impacting Aurora, the successor company to Executive Life Insurance Company of California (ELIC), Release 51 also updates Medicare Secondary Payer (MSP)… [read post]
25 Mar 2012, 2:19 pm by Law Lady
Centers for Disease Control.Health Care Reform (Consumer Labels): NEW FEDERAL RULES REQUIRE EASY-TO-READ SUMMARIES OF HEALTH PLANS, 7 No. 23 Westlaw Journal Insurance Bad Faith 10, Westlaw Journal Insurance Bad Faith March 20, 2012 The Obama administration has finalized regulations requiring all private health insurers to provide "plain language" summaries of their coverage plans to help consumers better understand their benefits. [read post]
15 Feb 2012, 10:53 am by S2KM Limited
Bickford also argues that the logic behind the state insurance guaranty fund caps is "upside down" in the ELNY scenario. [read post]
20 Dec 2011, 2:41 pm by S2KM Limited
Jim Morris, President, Chairman and CEO of Pacific Life Insurance Company, accentuated the current financial strength of U.S. life insurance companies generally and explained why structured settlement annuities represent an excellent strategic product for life companies. [read post]
3 Dec 2011, 9:56 am by Law Lady
Bankruptcy Court, Middle District of Florida, Tampa Division.Bankruptcy -- Dismissal -- Chapter 7 -- Abuse -- Considering totality of circumstances, granting relief to debtor would constitute substantial abuse of bankruptcy process as set forth in 11 U.S.C. section 707(b)(3) where debtor has sufficient disposable income to pay her unsecured creditors in full within sixty months -- Debtor is not entitled to Chapter 7 relief -- Deductions for voluntary 401(k) contributions and repayment of 401(k)… [read post]
30 Nov 2011, 2:15 pm by Mandelman
So, you probably saw that yesterday Standard & Poors reviewed 37 banks, downgrading 15 of them, including the six largest U.S. banks each by one notch. [read post]
2 Nov 2011, 9:46 am by S2KM Limited
For a discussion of traditional structured settlement business standards and practices, see "Structured Settlements and Periodic Payment Judgments" (S2P2J) section 6.02 [3]. [read post]
25 Aug 2011, 2:19 am
The Court ultimately determined that the Policy more closely conformed to the standards of an insurance policy. [read post]
12 Aug 2011, 4:51 am by Deirdre Wheatley-Liss
• Five U.S. life insurers had their ratings affirmed and outlooks revised to negative: Assured Guaranty, Berkshire Hathaway, Guardian, MassMutual and Western & Southern. [read post]
4 Jul 2011, 2:25 am by Tomassi Law Associates
Tomassi Law Associates, LLC www.attorney-ri.com 1-888-RI-LAWLINEA year and a half ago, market watchers were expecting the companies to pick up more business after their main competitor, the Federal Housing Administration, adopted tougher standards. [read post]
1 Jul 2011, 12:00 pm by Don Cruse
This lenient standard avoids the expense and delay of multiple interlocutory appeals and assures a claimant a fair opportunity to demonstrate that his claim is not frivolous. [read post]
6 Jun 2011, 10:17 am by Kurtis Suhs
As a variant to the scheme, a fraudster rented office space and impersonated an actual executive of an existing legitimate company. [read post]
22 May 2011, 12:53 pm by S2KM Limited
Hartford" S2KM blog - "Online S2P2J"  Strength of Life Companies NSSTA Strength of Life Insurance Companies - Jim Morris, Chairman, President and CEO of Pacific Life Insurance Company State Guarantee Associations - Tom Ronce; Craig Ulman ELNY Update - Len Blonder; Randy Dyer; Dan Finn; Craig Ulman Recommended resources S2P2J Section 3.05[9] - "Life Insurance Guaranty Associations" S2P2J… [read post]
16 May 2011, 3:12 pm
In practice, however, private zoning report companies are being hired by title companies and lenders, as neither surveyors nor title companies seem to want to guaranty all zoning information. [read post]
28 Mar 2011, 7:02 pm by Tomassi Law Associates
The committee filed the lawsuit to insure claims against Zell wouldn’t be lost arising from the $13.7 billion leveraged buyout for Tribune that he carried out in 2007. [read post]
25 Oct 2010, 10:14 am by William A. Ruskin
 Indiana is known for the tough standards it imposes on insurance companies with respect to withholding coverage based on policy exclusions. [read post]
14 Aug 2010, 3:18 pm by Kenneth Anderson
(Kenneth Anderson) The New York Times Bucks Blog (of August 6, 2010) has a fascinating article by Jennifer Saranow Schultz on the first-ever offering in the United States of divorce insurance, the WedLock policy issued by a start up insurance company in North Carolina, Safeguard Guaranty Corp. [read post]
11 Aug 2010, 6:23 am
History of InsuranceSince insurance was invented in ancient Sumeria when insurance policies were written on clay tablets, insurers and their insureds have struggled with establishing a fair method to properly and fairly compensate the person insured for the property lost or damaged as a result of a peril insured against. [read post]