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29 Aug 2011, 4:18 pm by S2KM Limited
Poizner) which it characterized as "another aspect of the dizzyingly complex and heavily litigated failure of the Executive Life Insurance Company", a California Court of Appeals on August 8, 2011 upheld a trial court decision that California's Insurance Commissioner correctly declined to approve the proposed sale of Aurora National Life Assurance Company (Aurora) by Aurora S.A. to Reassure America Life Insurance… [read post]
29 Sep 2021, 11:40 am by Gene Killian
The Simple Rule relating to the duty to defend is, again, crystal clear in 49 states: If there is a potential for coverage of an underlying lawsuit, the insurance company must defend. [read post]
11 Nov 2008, 1:13 pm
  But when the Treasury drafted it rules for spending the first $250 billion for recapitalization, the money was limited to banks and bank holding companies.Treasury officials have stated that insurers with a federal regulatory link by holding a bank holding company charter or a thrift charter are already eligible for participation in the TARP. [read post]
23 Dec 2008, 8:52 am by admin
Disability lawyers have been fighting against the use of these clauses for years, and several States acted to ban the clauses, including New York, after the National Association of Insurance Commissioners urged action. [read post]
11 Sep 2018, 7:24 am
  Can the insurance company reduce their settlement offer or use that evidence against you in court to reduce your compensation? [read post]
29 Mar 2011, 11:07 am by Steven M. Gursten
In 2008, the independent Angoff Commission found that Michigan auto insurance companies lead the nation in profitability. [read post]
14 Nov 2014, 10:15 am by Robert Trautmann
Wright National Flood Insurance Company.1 In Raimey, Judge Brown eviscerated the practice of changing expert reports and ordered all defendants in that district to disclose all instances where reports were changed. [read post]
3 Aug 2019, 12:48 pm by Shawn R. Dominy
That may take up to seven years, depending on the driver’s state of residence and which insurance company insures the driver. [read post]
20 May 2012, 6:58 am
Nationwide, insurance companies dished out about $500 million in homeowners insurance claims for dog bite injuries in 2011, according to U.S. [read post]
12 Jul 2012, 5:13 am
In Aizkir Navigation Inc v Al Wathba National Insurance [2011] EWHC 3940 (Comm), the High Court considered a principle of contractual construction and held that a clause stating that claims "be settled in accordance with English Law and practice shall be so settled in Abu Dhabi (UAE)" amounted to an exclusive jurisdiction clause in favour of the United Arab Emirates (the UAE) and there was no overwhelming reason to displace that jurisdiction clause.The Claimant,… [read post]
26 Sep 2007, 9:53 am
Forge Consulting, LLC has continually advertised and represented to the public that it has "virtually unmatched financial and legal resources".Forge Consulting, LLC has ALSO held itself out on its website that it is a partner with the following past and current life insurers operating in the structured settlement industry: Allstate Life Insurance Company, Aviva Life Insurance Company, Allstate Life Insurance Company of… [read post]
14 Sep 2009, 1:30 am
It is proposed that the Principles operate as an "optional instrument" allowing insurers and policyholders to apply the Principles to their contracts instead of national insurance contract law. [read post]
10 Jul 2015, 8:00 am by Joanna Herzik
Texas Bar Private Insurance Exchange The Texas Bar Private Insurance Exchange is a multi-carrier private exchange designed for State Bar of Texas members and their staff and dependents. [read post]
20 Feb 2009, 11:57 am
Florida already has the fifth largest percentage of uninsured drivers of any state, the group said in a press release (PDF). [read post]
23 Feb 2007, 7:13 am
A $4.1 million judgment awarded against a Tennessee nursing home is generating debate in that state over the rights of abused residents to compensation versus the costs to insurance companies and nursing home operators. [read post]
26 Mar 2012, 12:49 pm by eithurburn@getnicklaw.com
  The state, which is conducting a larger investigation into the practices of life insurance companies, suspects that the insurers never attempted to contact the families of beneficiaries in order to pay out the unclaimed benefits. [read post]
9 Aug 2019, 2:23 pm by tvasil
On August 2, 2019, New Hampshire became the most recent of many states that adopted an Insurance Data Security Law (Senate Bill 194-FN) modeled after the National Association of Insurance Commissioners’ (NAIC) Insurance Data Security Model Law. [read post]