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15 Feb 2012, 12:23 am
The proposal would (a) deny an insurance company a deduction for reinsurance premiums paid to affiliated foreign companies to the extent that the foreign reinsurer is not subject to U.S. income tax on the premiums received and (b) correspondingly exclude from the insurance company’s income any return premiums, ceding commissions, reinsurance recovered, or other amounts received with respect to reinsurance policies for which a premium… [read post]
17 May 2016, 2:50 pm
Nobody except TDI has a copy, and TDI won’t share it based on some goofy theory of proprietary protection to the anonymous insurance company, who submitted it for approval. [read post]
5 Jun 2013, 7:28 am
Editor Michael B. [read post]
29 Mar 2020, 2:39 pm
B-5.38 directing all insurance companies issuing coverage to personal and commercial policyholders to make reasonable accommodations to prevent individuals and businesses from losing coverage due to cancellation for the non-payment of premium. [read post]
26 Jun 2008, 2:18 am
” The insurer countered that the company’s broker had authorized the addition of the exclusion. [read post]
3 Oct 2006, 3:08 pm
Applicable Code Sections: 72(e)(11), 1035, 7702B(b), 7702B(e), 6050U(a) [read post]
15 Sep 2009, 2:01 am
Record RetentionAll written disclosures required by the proposed Regulation No. 194 must be retained by the insurance producer for three years.ExemptionsThe proposed Regulation No. 194 does not apply to (1) the placement of reinsurance; (2) the placement of insurance with a captive insurance company; (3) to an insurance producer that has no direct sales or solicitation contact with the purchaser (e.g., wholesalers and managing general agents);… [read post]
18 Mar 2011, 6:29 am
He filed a claim with his insurance company, Hamilton Mutual. [read post]
12 Jun 2012, 8:24 am
This article is the second of a two-part series of articles on insurance issues for condominium associations by our friend Daniel B. [read post]
1 Feb 2008, 5:15 am
Section 102(b)(7) and the amendments to Section 145 represent a legislative response to recent changes in the market for directors' liability insurance. [read post]
27 Nov 2013, 6:35 am
Attorneys Jo Ann Hoffman & Vance B. [read post]
9 Mar 2011, 11:14 am
Law Lessons from RELIASTAR LIFE INSURANCE COMPANY v. [read post]
6 Sep 2018, 6:34 am
By: Andrew B. [read post]
27 Aug 2015, 11:21 am
After examining the pleadings, however, the court found that the insurance paperwork listed the insured employer as both the roofer and a company related to the staffing agency. [read post]
9 Sep 2024, 6:00 am
If there are three shareholders (A, B, and C), A will own policies on B and C, B will own policies on A and C, and so on. [read post]
1 Apr 2019, 12:41 pm
The IFPA, which permits qui tam “relators”—the technical term for a whistleblower under the statute—to bring an action “in the name of the state” to enforce its provisions, makes it unlawful to “knowingly employ runners, cappers, steerers, or other persons” to procure patients and to obtain insurance benefits, and establishes statutory penalties and assessments for “fraudulent claims” presented to insurance… [read post]
24 Dec 2008, 10:33 am
Insurance companies know that they have little credibility in the fight over access to the courthouse. [read post]
5 Aug 2020, 3:44 pm
Property and Casualty Insurance Texas: On August 4, the Texas Department of Insurance issued Commissioner’s Order No. 2018-5528, adopting the National Council on Compensation Insurance’s filing, “Item B-1441—Revisions to NCCI Manual Rules Related to the COVID-19 (Coronavirus) Pandemic. [read post]
11 May 2012, 4:43 am
Claims between policyholders and their insurance companies can seem simple. [read post]
3 Apr 2020, 4:34 pm
Colorado: The Division of Insurance has posted the acknowledgement survey required by Bulletin B-5.38 (the “Bulletin”). [read post]
