Search for: "Depositors Insurance Company"
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11 Jul 2014, 4:29 am
” In their renewed motion, the insurers argued that the FDIC did not represent depositors and account holders because the FDIC could provide no evidence identifying the depositors and account holders it purports to represent. [read post]
26 Feb 2014, 9:01 pm
Rather than being forced by the fear of losing their health insurance to stay in jobs that they would like to leave (either to work at a different job, or to take care of their home and family, or to retire), people will now be able to take control of their working lives. [read post]
1 Jan 2014, 6:40 pm
Presumption of joint bank account survivorship rebuttable ESTATE OF DEFRANKIN THE MATTER OF THEESTATE OF AURELIA DEFRANK,DECEASED.November 15, 2013 Before Judges Parrillo, Harris and Guadagno.On appeal from the Superior Court of New Jersey, Chancery Division, Probate Part, Mercer County, Docket No. 09-01870.The opinion of the court was delivered byPARRILLO, P.J.A.D.Plaintiff Lorraine Rubaltelli appeals from the April 12, 2012 grant of summary judgment in favor of defendant Diane… [read post]
15 Aug 2013, 12:48 pm
Short-term depositors and creditors continue to look to governments to assure repayment, he noted, rather than to the strength of the firms' balance sheets and capital. [read post]
7 Jul 2013, 9:28 pm
Oddly, having done so well with the fraternal societies as foils to "insurance," he says little except in passing about the rise of insurance more generally. [read post]
12 Apr 2013, 12:30 pm
Claimant's counsel later retained co-counsel and together, they negotiated with an insurance adjuster employed by the defendant’s insurance company. [read post]
12 Mar 2013, 10:24 pm
This is evident in the number of the companies that offer D&O insurance. [read post]
11 Mar 2013, 8:11 am
Up to $250,000 per depositor, per insured bank. [read post]
12 Feb 2013, 7:35 am
The first step to determine whether an insurance company is vicariously liable is to determine whether the person who engaged in the conduct was acting as the insurance company agent. [read post]
9 Jan 2013, 12:00 am
By statute, the Federal Deposit Insurance Company can require insured financial institutions to maintain fidelity bonds to insure against such losses, and the FDIC has chosen to mandate that requirement. [read post]
D&O Insurance: "Ambiguity" Whether Insured vs. Insured Exclusion Bars Coverage for FDIC's D&O Claims
7 Jan 2013, 11:58 pm
Judge Gelpi declined to dismiss the action, noting that the FDIC has authority under FIRREA to act “on behalf of depositors, account holders, and a depleted insurance fund,” and therefore that “the FDIC’s role as a regulator sufficiently distinguishes it from those whom the parties intended to prevent from bringing claims under the Exclusion. [read post]
21 Dec 2012, 3:04 am
Thus, as explained by the Norwegian government website, "the deposit of the seeds will not affect any property or other rights pertaining to the material; the deposited seeds will remain in sealed envelopes, unless otherwise agreed with the Depositor; and the Svalbard Global Seed Vault will take no action to further transfer the material except back to the original Depositor or the Depositor’s successor in title, or in accordance with the Depositor’s… [read post]
19 Oct 2012, 3:16 pm
Worthy, Washington Supreme Court (10/18/12) Banking, Consumer Law, Insurance Law The issue before the Supreme Court in this case was whether particular officers and employees of a bank owed a quasi-fiduciary duty to particular bank depositors. [read post]
19 Oct 2012, 1:00 am
Fidelity bonds are essentially insurance, though, and we all know of stories of insurance companies delaying or denying payment for supposed violations of the policy. [read post]
27 Jul 2012, 1:24 pm
Depositors of Jasper Banking Company will automatically become depositors of Stearns Bank National Association. [read post]
26 Jul 2012, 8:59 am
The bank agreements allow for wide discretion which is often used against small depositors. [read post]
26 Jul 2012, 7:09 am
Of course, back then it was called, “National City Bank,” but it’s the very same bank that ultimately was taken over by Sandy Weill, who had bought or merged his companies with a bunch of insurance companies and securities brokerages, each time getting larger and larger, until he merged his giant insurance and securities mess with Citibank thereby creating the world’s largest and least manageable corporation the world had ever seen. [read post]
26 Jul 2012, 7:09 am
Of course, back then it was called, “National City Bank,” but it’s the very same bank that ultimately was taken over by Sandy Weill, who had bought or merged his companies with a bunch of insurance companies and securities brokerages, each time getting larger and larger, until he merged his giant insurance and securities mess with Citibank thereby creating the world’s largest and least manageable corporation the world had ever seen. [read post]
20 Jul 2012, 1:21 pm
Depositors of the failed bank will automatically become depositors of Hinsdale Bank & Trust Company. [read post]
20 Jun 2012, 9:22 am
Her clients range from asset managers, brokers, banks, fund managers, fund platforms, exchanges, insurance companies, brokers, energy traders and corporate finance boutiques. [read post]
