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4 Nov 2022, 5:16 am by Shauhin Talesh
  Victories for insurance companies allowed insurers to avoid paying legal fees as many cyber-related class action suits emerged. [read post]
18 Jan 2005, 2:56 pm by Marcus Castillo
Reliance Standard Life Insurance Company, successfully prosecuted a claim for long-term disability benefits, recovering $319,200 in principal plus pre-judgment interest of $72,149. [read post]
24 Jun 2011, 12:50 am
Reliance Standard Life Insurance Co., case number 07-56869, an en banc panel of the Court held that insurers can be sued directly under ERISA by plan participants even when not acting as the plan administrator. [read post]
20 Mar 2020, 8:12 am by anna.middleton@thomsonreuters.com
Reliance Standard Life Insurance Co., 560 U.S. 242, 245 (2010) concluded that a plan participant is eligible to recover “reasonable attorneys’ fees” if he achieved “some degree of success on the merits” of his claim. [read post]
18 Mar 2020, 9:42 am by anna.middleton@thomsonreuters.com
Reliance Standard Life Insurance Co., 560 U.S. 242, 245 (2010) concluded that a plan participant is eligible to recover “reasonable attorneys’ fees” if he achieved “some degree of success on the merits” of his claim. [read post]
8 Nov 2021, 11:52 am by Kevin LaCroix
The satisfaction of the quality control standards was owed to the federal government, not to mortgage borrowers, and satisfaction of quality control standards is not a “professional service” owed to “borrower clients” that could be excluded by the policy’s professional services standard. [read post]
18 Jul 2011, 6:00 pm by Wystan M. Ackerman
Halliburton Co. because I viewed it as limited to a narrow issue of securities law that would not affect insurers except to the extent that they are public companies occasionally subject to defending securities class actions like any other public companies. [read post]
19 Oct 2017, 12:00 am by Donovan Gibbons
This form of compensation is costly for the Company, is not standard in the industry, and interferes with the fiduciary responsibility required by directors. [read post]
Many insurance companies are within corporate groups where services may be procured centrally or via an affiliate (often with chains of contracts which add an extra layer of complexity), policies may be defined at group level, and groups may seek to try to apply a common standard or at least to approach local requirements in a standardised way. [read post]
27 Aug 2012, 1:21 am by Kevin LaCroix
There is a host of well established legal principles that govern insurers’ defense obligation under the standard liability insurance policy where the insurer has the duty to defend the insureds. [read post]