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13 Sep 2019, 6:38 am
For example, Section 2110 of the Insurance Law provides that those licensed under Article 21 may have their licenses suspended or revoked, including, without limitation, on the grounds that such licensees intentionally misrepresented the terms of an actual or proposed insurance contract or demonstrated untrustworthiness.III. [read post]
20 Sep 2021, 1:27 am
In the High Court Steinhoff judgment, it was argued that the litigation funding agreement between the class representative and the funder was a contract of insurance in terms of which the funder provides indemnity insurance to the class representative in consideration for the funder being paid a premium, being a percentage of the ultimate reward. [read post]
14 Jul 2014, 10:33 am
When you enroll in the Marketplace, the Marketplace will estimate the amount of your premium tax credit based upon the information you provide about your income and family situation. [read post]
10 May 2013, 5:02 am
The carrier’s counsel, of course, was unable to provide an explanation beyond “because the insurance company says so. [read post]
5 Jul 2010, 7:43 am
Most, if not all are concerned about the cost of their insurance and the coverages provided by their policy if they suffer a loss. [read post]
23 Aug 2010, 8:34 pm
My law firm's New York Insurance Coverage seminar, free to insurance claims and underwriting professionals and their service providers, is only a month away (scheduled for Thursday, September 23, 2010). [read post]
29 Jun 2022, 9:00 am
The Policy Must Provide a Total Aggregate Limit of Coverage That Applies to Your Specific Project The liability coverage is written on an occurrence basis and has a general aggregate of $3 million for bodily harm or property damage. [read post]
23 Aug 2011, 1:39 am
Dodd-Frank provides that (1) an eligible individual (e.g. an employee of a company), (2) who “voluntarily” provides the SEC (3) with “original information” about a potential violation about a violation of the federal securities laws, (4) that ultimately leads to a “successful” enforcement action, (5) may be entitled to receive a cash award ranging from 10% to 30% of the total monetary sanctions, in excess of $1 million, recovered… [read post]
27 Apr 2020, 4:55 pm
The Bulletin provides guidance to all automobile insurers that provide medical expense benefits under Personal Injury Protection (“PIP”) coverage. [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]
22 Apr 2024, 10:00 pm
Legal Developments provide the latest updates and analyses of emerging topics impacting your practice area. [read post]
26 Oct 2017, 9:10 pm
Renters insurance is a good thing for any renter to have, providing protection for personal property as well as peace of mind in the event a loss should occur; however, only a minority of renters have insurance. [read post]
29 Mar 2020, 2:39 pm
Reasonable accommodations include, but are not limited to; (1) extension of premium grace periods; (2) waiver of late payment fees; (3) a moratorium on cancellations for non-payment; (4) defer any non-renewal underwriting actions; and, (5) provide a continuation of coverage for any expiring policy. [read post]
17 Jun 2019, 2:26 pm
There is no reason why you should provide the company with your social security number. [read post]
17 Apr 2023, 2:37 pm
Nancy Drew and the Mystery of the Vanishing Additional Insured CoverageTuesday, May 2 / 2:45 pm – 3:45 pm / B308Don your best detective hat and follow the clues to solve—or at least unravel—the ever narrowing scope of additional insured policy language. [read post]
29 May 2020, 4:58 pm
Additionally, those insurers that advertised or implemented waivers or refunds but have not submitted a filing must do so by June 3, 2020. [read post]
COVID-19 Daily Insurance Regulatory Updates To Keep You Informed During The Lockdown (June 15, 2020)
15 Jun 2020, 4:43 pm
The Addendum provides that due to COVID and rapidly changing rating assumptions affected by COVID, the initial rate flings due June 15, 2020 for small employer and July 1, 2020 for individual will be viewed as preliminary, and will allow insurer driven changes to the rating assumptions up until August 3, 2020. [read post]
12 Nov 2011, 6:00 pm
Insurance fraud expert witnesses may testify on insurance claims, insurance regulations, and associated matters. [read post]
12 Aug 2010, 1:44 pm
One of those ways is so effective that a Florida law provides for a reduction in insurance premiums of up to 10% for a guaranteed 3 years. [read post]
3 Nov 2015, 6:48 am
The Prudential Insurance Company of America. [read post]
