Search for: "Financial Indemnity Company"
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15 Jul 2010, 3:30 am
Extended period of indemnity Your business interruption coverage indemnifies you through the period of interruption, which is also referred to as the period of indemnity or restoration. [read post]
2 Apr 2013, 4:35 am
They will get their hands slapped with only a small financial penalty and reporting in an obscure DWC filing. [read post]
9 Mar 2011, 7:16 am
Insurers need to be aware of the countries, companies, and individuals that are included in these lists and ensure that they remain compliant with any further additions. [read post]
1 Jul 2009, 1:57 am
On 25 June 2009, the High Court approved the statutory transfer of the 1992 and prior non-life business of members and former members of Lloyd's to Equitas Insurance Limited by way of Part VII transfer under the Financial Services and Markets Act 2000 (FSMA).National Indemnity Company, a member of the Berkshire Hathaway group of companies, agreed in October 2006 to reinsure all of Equitas' liabilities and took on the run-off of those liabilities. [read post]
6 Jan 2015, 4:23 am
Violations included 26 cases in which the company underpaid indemnity benefits by a total of $84,458.42, according to the DWC's 2010 audit report.The DWC identified 45 violations at York's shop in Fresno in 2010. [read post]
15 Mar 2024, 12:15 pm
U.S. sanctions forbid Western companies from knowingly doing business with Iran. [read post]
15 Jul 2014, 6:30 am
Stack, CPA, Principal, Amaxx Risk Solutions, Inc. is an expert in employer communication systems and part of the Amaxx team helping companies reduce their workers compensation costs by 20% to 50%. [read post]
15 Oct 2020, 12:44 pm
Proposed regulations – BOEM’s guiding principles in connection with the proposed regulations is (a) to limit the circumstances in which it would require additional security to (1) when a lessee or grant holder poses a substantial risk of becoming financially unable to carry out its obligations, and (2) there is no co-lessee, co-grant holder, or predecessor that is liable for the same obligations and financially capable of performing them, and (3) the property is at or… [read post]
17 Sep 2014, 4:38 am
We continue to see both anecdotal and evidentiary reports of failures to deliver both timely and adequate medical treatment and indemnity benefits. [read post]
16 Jan 2014, 11:41 pm
Furthermore, a high limit of indemnity may not grant the ultimate protection. [read post]
11 Jul 2022, 12:23 am
The financial compensation we will recover from the responsible companies on their behalf will cover their unpaid medical bills, if they had any and the cost of their funeral. [read post]
28 Mar 2020, 8:49 am
As the COVID-19 pandemic continues to intensify and disrupt business across the globe, many international companies are facing the harsh reality of resorting to severe cost-saving measures to protect their financial health. [read post]
19 Aug 2012, 9:12 pm
With an estimated $20-30 billion to be paid this year in crop insurance indemnity checks, both the USDA’s Risk Management Agency and the crop insurance companies have to ensure that all claims are valid, and have made it well known that anyone with a claim of more than $200,000 will be subject to an audit. [read post]
18 Mar 2013, 7:22 am
The reason for this cut-off point is to prevent a catastrophic claim from causing financial damage to the employer. [read post]
23 Aug 2007, 3:12 am
First Financial Insurance Company, which dealt with an exclusion to coverage for injury to an employee of the "insured. [read post]
6 Jun 2011, 4:10 pm
Sound accounting for an insurance company, or self-insurer, is to set aside the money to meet the financial obligation brought on by the claim against the insurance policy. [read post]
17 Aug 2012, 12:35 pm
A contract of insurance is one of utmost good faith, and one cannot commit frauds or make wilfully false statements about the subject-matter of the claim without risking the loss of the right to indemnity: Inland Kenworth Ltd. v. [read post]
28 Feb 2007, 6:38 am
In 1995, Boyle's company, Ormet Primary Aluminum Corporation, sued Certain Underwriters at Lloyd's of London, Employers Insurance of Wausau, Globe Indemnity Company and Home Indemnity Company, seeking coverage for environmental contamination at its Hannibal, Ohio reduction facility and remediation costs. [read post]
22 May 2013, 12:17 pm
Many intellectual property and patent licensors are startup companies with limited capital, making broad indemnity provisions contained in a patent license potentially worthless. [read post]
12 May 2020, 6:30 am
As the COVID-19 pandemic continues to disrupt business across the globe, many international companies are continuing to consider and implement cost-saving measures to protect their financial health. [read post]
