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28 Nov 2007, 12:55 pm
The court’s decision provides further delineation of the difficult burden imposed on insurers in obtaining reimbursement from an insured (even when the insured is able to pay).In LA Sound USA, Inc. v. [read post]
13 May 2019, 11:44 am
In our last post we discussed the need for the Missouri State Board to provide guidance to their financial examiners regarding Section 436.425 and insurance funded contract forms. [read post]
28 Jan 2009, 10:12 pm
Carriers normally allow 5% to 10% for claims payouts, or losses. 2. [read post]
27 Jan 2019, 5:02 pm
” The January 2, 2019 Decision In an order filed on January 2, 2019, Judge William F. [read post]
31 Mar 2020, 8:45 pm
North Carolina: On March 27th, North Carolina issued Bulletin 20-B-06 to all insurance companies and other entities licensed under Chapter 58 of the North Carolina General Statutes (NCGS), notifying insurers that the Insurance Commissioner has issued an order activating the state of disaster automatic stay of proof of loss requirements, and premium and debt deferrals in North Carolina as authorized under the provisions of Section 58-2-46 of the NCGS. [read post]
9 Dec 2013, 4:35 am
In Texas: V.T.C.A., Insurance Code § 541.162. [read post]
16 Feb 2012, 3:22 pm
She purchased a $2 million life insurance policy and named the trust as the sole beneficiary. [read post]
13 Jun 2011, 11:34 am
Before that person sets foot on a job, a general should ensure that they have insurance in place that provides adequate coverage. [read post]
3 Dec 2018, 7:31 pm
Investments If the source of funds is coming from investments such as stock, life insurance, then at least three years of tax returns must be provided, and three years of statements from those institutions. [read post]
14 Feb 2015, 5:19 am
American contacted Mayor and asked for a copy of his scope of loss, but did nothing further when Mayor failed to provide the requested information.American lost at trial. [read post]
21 Aug 2014, 5:53 am
Freedom Life Insurance Company. [read post]
30 Sep 2013, 1:52 am
” The court also noted that even though the June 30, 2009 letter had been provided to the insurer as part of the bank’s insurance renewal, the letter did not provide notice of claim to the insurer within the policy’s requirements. [read post]
6 Apr 2020, 4:14 pm
Kentucky: On April 3rd, Commissioner Sharon Clark issued Departmental Guidance to all licensees offering medical malpractice insurance in Kentucky, insurance agents, and health care providers covered under medical malpractice insurance. [read post]
18 Nov 2018, 8:30 pm
Self-insured employer and union sponsored health plans, health insurers and other health care payers, health care providers, managed care and practice management service providers and others structuring or working with preferred provider or other managed health care contracts should weigh the potential implications on their health plan provider agreements and managed care practices of the antitrust lawsuit jointly brought by the U.S. [read post]
7 Aug 2013, 5:37 am
Greeley said the Texas Department of Insurance has issued $2 million in fines against “system participants,” mostly carriers and medical providers, in the past two years for violating rules. [read post]
12 Mar 2016, 3:30 am
The insured must, within ten days, notify the insurer in writing of his or her choice of one of those people to act as referee.2 The insured also submits to the insurer the names and addresses of three potential referees. [read post]
12 Mar 2012, 6:47 pm
Specifically, the new law states: Reimbursement for services and care provided in subparagraph 1. or subparagraph 2. is limited to $2,500 if any provider listed in subparagraph 1. or subparagraph 2. determines that the injured person did not have an emergency medical condition. [read post]
30 Nov 2021, 7:23 am
No. 2 – Don’t Admit Fault One of the biggest mistakes a car accident victim can make after suffering injuries is to admit fault to an insurance company. [read post]
12 Aug 2012, 10:52 am
Pertinent parts of the policy in question provided: PART A--LIABILITY COVERAGE Insuring Agreement We will pay damages for bodily injury or property damage for which any covered person becomes legally responsible because of an auto accident. . . . . . [read post]
5 Aug 2015, 12:11 pm
In 2012, insurance companies paid out over $2 million in uninsured / under insured motorist claims. [read post]
