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22 Apr 2024, 10:00 pm
Legal Developments provide the latest updates and analyses of emerging topics impacting your practice area. [read post]
6 Jul 2015, 6:17 am
Answering the questions certified by the Fifth Circuit, the Supreme Court held that two provisions contained in Transocean’s insurance policy were sufficient to incorporate intended additional insured coverage limitations in the contract into the policy: (1) the definition of “Insured” to include any entity to whom the named insured is obliged, in an “Insured Contract,” to provide insurance, and (2)… [read post]
24 May 2011, 7:09 am
Pertinent circumstances include (1) the time between the breakdown of good faith negotiations concerning the amount of the loss suffered by the insured and the appraisal demand: and (2) whether there would be any prejudice to the other party resulting from the delay in demanding an appraisal. [read post]
25 Sep 2015, 8:46 am
That’s in a deposition, and you’ll have the benefit of your attorney being present and helping to prepare you for the deposition Until that time, you’re under no legal duty to provide the adverse insurer with your statement. [read post]
23 Dec 2008, 7:54 pm
This legislation provides for a new, two-step process for establishing workers' compensation insurance rates. [read post]
31 Jan 2014, 8:04 am
Kouk notified Columbia National Insurance who provided an attorney to defend the case. [read post]
19 May 2009, 6:11 am
The topics covered included: (1) what constitutes a credit-based insurance score; (2) an explanation of how insurers use credit-based insurance scores; and (3) how the current economic conditions are affecting policyholder premiums related to credit-based insurance scores. [read post]
31 Dec 2008, 11:45 am
I.C.B.C., oral reasons given October 2, 2006, which had some similarities in a central issue arising from the effectiveness of the immobilizer in a BMW that had been apparently taken from outside a pub on March 31, 2004, and subsequently found without tires and wheels, various front-end components and destroyed by fire. [118] Cullen J. noted the initial burden falls on the… [read post]
23 Jul 2013, 7:19 am
Both the Insurance Code and the DTPA provide that the statutory remedies are cumulative of other remedies. [read post]
23 Feb 2020, 5:25 am
As amended, this bill creates certain protections for insurers and insurance producers engaging in the business of insurance in connection with cannabis-related businesses.Specifically, the bill provides that, notwithstanding any law to the contrary, no State or local government agency may:(1) prohibit, penalize, or otherwise discourage an insurer or insurance producer from engaging in the business of insurance in connection with a… [read post]
COVID-19 Daily Insurance Regulatory Updates To Keep You Informed During The Lockdown (July 22, 2020)
22 Jul 2020, 4:36 pm
Health Insurance Vermont: On July 21, Commissioner Pieciak released Insurance Bulletin No. 214, clarifying the obligations of health insurers to cover SARS-CoV-2 testing without cost sharing under Emergency Rule H-2020-03-E, when medically necessary or directed by the state or federal government. [read post]
9 Jul 2014, 5:13 am
When in fact the people that the insurance company insured were: 1) drunk driving behind the wheel and could have harmed anyone reading this; 2) were high on drugs with stolen merchandise in their trunk trying to get out of state before the police caught up with them and could have harmed anyone reading this; 3) traveling 20 mph or more over the speed limit through a busy intersection trying to get to their plane for a vacation to some tropical paradise and could have… [read post]
21 Dec 2009, 10:13 pm
"(2) Any other insurance, whether primary, excess, contingent or any other basis that is valid and collectible insurance available to you as an additional insured under a policy issued to: (a) A contractor performing work for you. [read post]
20 May 2022, 8:07 am
St. 440.13(2)(c) allows you to obtain treatment with your doctor of choice. [read post]
20 Jan 2014, 1:04 pm
The Internal Revenue Service recently updated the state assumed interest rates insurance companies must use to compute their reserves for (1) life insurance and supplementary total and permanent disability benefits, (2) individual annuities and pure endowments, and (3) group annuities and pure endowments for post December 31, 2012 in Revenue Ruling 2014-4. [read post]
24 Feb 2014, 3:30 am
Florida's Valued Policy Law, § 627.702(4), provides as follows: (4) The amount of any loss referred to in subsection (1) or subsection (2) shall be subject to any co-insurance clause contained in the policy pursuant to §627.701. [read post]
8 Jun 2022, 11:03 am
Factors of whether a special relationship exist include: (1) whether advice was given on coverage and policy limits previously; (2) whether the producer’s website promises to provide advice on insurance needs; (3) the length of the relationship; (4) the comprehensiveness of coverage; (5) the extent the producer plays in decision-making; (6) whether a fee is charged above the earning of commissions; (7) any reliance on the part of the policyholder; and (8) whether the… [read post]
16 Feb 2018, 11:55 am
Most reputable insurance companies will allow their adjusters to provide a copy of this report to claimants [typically, referred to as a CCC Valuation Report]. [read post]
2 Jun 2009, 6:06 pm
Adoption of a new part to 11 NYCRR to establish requirements regarding disclosure of all sources and amounts of compensation received by licensed insurance producers. 2. [read post]
2 Sep 2015, 5:39 pm
Engine Company provided an engine to Builder, who physically placed it on the yacht. [read post]
