Search for: "Guaranty Title Company" Results 81 - 100 of 179
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3 Jul 2012, 10:09 am by S2KM Limited
ELNY's liquidation will apparently exhaust the New York life insurance guaranty fund. [read post]
28 Jun 2012, 7:15 am by Keith Mullen
The only difference is the economy: life companies don’t need to team up with a construction lender to source new loans. [read post]
4 May 2012, 1:11 pm
Chapter 542 also does not apply to certain types of insurance companies such as those providing workers' compensation, title or mortgage guaranty insurance. [read post]
17 Apr 2012, 9:16 pm by S2KM Limited
" According to Schedule 1.15 of the ELNY Restructuring Agreement, 1459 structured settlement payees will experience shortfalls ("uncovered amounts") as a result of ELNY's liquidation and restructuring even after state guaranty association contributions and voluntary enhancements by life insurance companies. [read post]
6 Apr 2012, 1:41 pm by S2KM Limited
Because of variations in state guaranty association laws (primarily coverage caps) as well as individual ELNY contracts (size of annuities), approximately 15 percent of ELNY's annuity payees (mostly structured settlement payees) anticipate shortfalls while the other 85 percent expect to receive 100 percent of their promised future payments from ELNY's successor company, Guaranty Association Benefits Company (GABC). [read post]
2 Apr 2012, 6:15 am by Mandelman
  Okay, follow me… Weyerheuser Lumber Company had a finance company they called Weyerheuser Mortgage Company, or WMC… and they sold it in 1997 or 1998 for $192 million to a company called Apollo Global Management, which was founded by Leon Black in 1990, and today manages an estimated $100 billion in assets. [read post]
23 Mar 2012, 8:31 am by S2KM Limited
Days 1 and 2 - Attorneys for ELNY's Receiver, the Superintendent of the New York State Department of Financial Services (Superintendent), and the National Organization of Life and Health Guaranty Associations (NOLHGA) present their case for ELNY's liquidation and approval of a proposed Restructuring Agreement to create successor company Guaranty Association Benefits Company (GABC). [read post]
22 Mar 2012, 1:00 pm by S2KM Limited
Courthouse News Service, a nationwide news service for lawyers and the news media, has published a report about the ELNY Liquidation Hearing titled: "Insurance Beneficiaries Say NY is Cheating". [read post]
21 Mar 2012, 6:07 am by S2KM Limited
What exactly are the attorneys for the ELNY Objectors trying to accomplish with their still unfinished cross-examination of Gibson whose testimony and report conclude that Guaranty Association Benefits Company (GABC), the proposed successor company to ELNY, will be "financially viable"? [read post]
19 Mar 2012, 12:09 pm by michaellsullivan
Elimination of the sales tax and ad valorem taxes on motor vehicles sold after March 1, 2013, replacing it with a new, one time state and local title fee, paid at the time of purchase (starting at 6.5% and going up to 7% in 2015). [read post]
12 Mar 2012, 8:13 am by Ronald Collins
The tally of 351 represents our best current calculation of the total number of titles as opposed to volumes, since some titles were multi-volume works. [read post]
10 Mar 2012, 4:50 pm by S2KM Limited
Reason: except for GABC's New York Article 75 guaranty payments (less than 5 percent of total liabilities), GABC's liabilities will be guaranteed by state guaranty associations or life insurance companies. [read post]
5 Mar 2012, 6:13 am by S2KM Limited
" "[C]oncerning the Guaranty Association Benefits Company (“GABC”), on February 27, 2012 the Superintendent filed and served the expert report of Jack L. [read post]
29 Feb 2012, 9:27 am
Some defined benefit plans are also insured by the United States government through the Pension Benefit Guaranty Corporation. [read post]
15 Feb 2012, 10:53 am by S2KM Limited
In an article titled "The Trouble with ELNY" and published this week on his website, New York attorney Peter Bickford describes "how the receivership process has failed Executive Life Insurance Company of New York [ELNY], its policyholders and annuitants. [read post]
12 Dec 2011, 8:12 am
The event features a faculty of leading government regulators, outside litigators, renowned jurists, and senior in-house counsel from these companies: Alliance Data * Capital One * CBE Group * First American Title Ins. * Flagstar Bank * Heart Financial Services * HSBC * Hyundai Capital * Macy’s * MERSCORP Inc. * Mortgage Bankers Assoc. * Natl. [read post]
1 Dec 2011, 2:22 pm
The event features a faculty of leading government regulators, outside litigators, renowned jurists, and senior in-house counsel from these companies: Alliance Data * Capital One * CBE Group * First American Title Ins. * Flagstar Bank * Heart Financial Services * HSBC * Hyundai Capital * Macy’s * MERSCORP Inc. * Mortgage Bankers Assoc. * Natl. [read post]