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22 Nov 2010, 11:51 am
The Spectator informs us that HHS has finally spoken with regard to the MLR (medical loss ratio) guidelines for health insurance companies. [read post]
9 Sep 2022, 1:30 am by Patrick Bracher (ZA)
An Australian federal court held that an email intimating a claim against the insured under a Directors and Officers Liability Policy to a mailbox that was not attended to was nonetheless “received” by the insured for the purposes of the policy. [read post]
4 Aug 2011, 1:57 am by Kevin LaCroix
The bank’s holding company filed for bankruptcy on August 25, 2009. [read post]
2 Apr 2010, 1:28 pm
Allstate Insurance Company, __ U.S. __ (March 31, 2010) a 5-4 majority, led by Justice Antonin Scalia, the Supreme Court decided that Rule 23 controls when a class-action lawsuit can be filed in federal court, even when such a case in federal court will be decided based on state law. [read post]
19 Feb 2009, 4:09 pm
" As a result, the percentage of each premium dollar that goes to pay claims has fallen dramatically over the past 20 years, producing "unprecedented profits" for insurance company shareholders and insurance company executives at the expense of the insureds. [read post]
6 Apr 2011, 6:17 pm by Tomassi Law Associates
Mr Shorten says so far about 15 per cent of claims for flood damage have been rejected by insurance companies. [read post]
1 Dec 2011, 1:51 pm
Usually, small business owners have an insurance broker who sets up the company’s health insurance, and that broker earns a commission on the premiums on that account. [read post]
8 Jul 2011, 10:40 pm by Jennings Strouss & Salmon
First Chicago Bank & Trust, Chicago, Illinois, was closed today by the Illinois Department of Financial and Professional Regulation, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. [read post]
21 Jun 2012, 10:16 am by Mark S. Humphreys
Amid litigation and federal probes, insurance companies are left scratching their heads over how to price the risk of the oil and gas production technique now better known as fracking. [read post]
29 Oct 2010, 1:02 pm
In a blow to Republic Underwriters and Southern Insurance Companies (and to insurers everywhere), the Federal Magistrate in Oklahoma sided with the 341 victims of the largest E. coli O111 outbreak in United States history. [read post]
9 May 2011, 12:42 pm by Zoe Tillman
-based Indian Harbor Insurance Company in a coverage dispute with one of Indian Harbor’s former clients. [read post]
26 Oct 2011, 7:40 am
Insurance fraud in Los Angeles is simply defrauding an insurance company through false pretenses. [read post]
21 Jun 2010, 8:23 am
  According to Matt Brady, NAMIC spokesperson, inclusion on the FSOC, “creates sort of the implicit mandate to find a reason to sort of bring an insurance company into that. [read post]
12 Apr 2015, 4:53 am
Even if the victim has their own insurance, it does not absolve the trucking company and/or its insurer of responsibility for paying damages caused from negligent operation of these large vehicles. [read post]
1 Nov 2016, 4:30 am by Kevin Pollack
  Temperature Service Company’s (“Temperature”) commercial property was insured by Acuity from January 1, 2013, to January 1, 2014. [read post]