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10 Mar 2015, 6:52 pm
SECTION 2-213. [read post]
19 Dec 2011, 6:56 am
Louisiana statute provides that "an insurer owes to his insured a duty of good faith and fair dealing," which includes fairly and promptly settling claims with the insured. [read post]
3 Jan 2011, 5:00 am
Adoption of a new part to 11 NYCRR to provide requirements regarding policies written to cover owner-controlled and contractor-controlled insurance programs (wrap-ups). 19. [read post]
13 Dec 2014, 10:10 pm
The petition alleged that the rental company had represented in its certificate of self-insurance that it retained a risk of loss for third-party liability claims of up to $2 million per occurrence. [read post]
22 Sep 2019, 6:36 am
The Texas Prompt Payment of Claims Act, Section 542.060 provides that (1) if an insurer that is liable for a claim under an insurance policy is not in compliance with this subchapter, the insurer is liable to pay the holder of the policy or the beneficiary making the claim under the policy, in addition to the amount of the claim, interest on the amount of the claim at the rate of 18 percent a year as damages, together with reasonable attorney’s fees Continue… [read post]
16 Apr 2020, 8:17 am
California Insurance Code Sections 10113.71 and 10113.72 primarily do three things: (1) mandate that life insurance policies issued or delivered in California have a 60-day grace period; (2) set forth notice of pending lapse and termination requirements; and (3) require insurers to provide notice to applicants and annual notice to policyholders of their right to designate someone other than themselves to receive lapse notices. [read post]
9 Jan 2013, 12:00 am
The amount of funds handled is determined by the amount of funds handled by the person, group, or class to be covered by the bond and by their predecessor(s), if any, during the previous reporting year.[2] The FDIC also presumably has the authority to specify the kinds of D&O products most directly accessible for primarily FDIC recovery purposes. [read post]
31 Oct 2012, 1:39 pm
In 2011 after Hurricane Irene, many insurance companies began adding large wind and hurricane deductibles to policies, which can be priced at 2-5% of the insured worth of your home. [read post]
23 Jan 2012, 5:50 am
The Florida Supreme Court noted that to be a covered claim, it must: (1) arise out of the insurance policy; and (2) be within the coverage of the insurance policy. [read post]
15 Aug 2014, 3:32 pm
Do you have to pay him, or should your insurance company? [read post]
9 Jul 2024, 2:59 pm
Liability Coverage Liability insurance is the foundation of auto insurance policies in Texas and is legally required for all drivers. [read post]
3 Aug 2010, 8:19 pm
” At some point, Farmers hired an attorney to provide coverage advice regarding Cedell’s claim.A year after the fire, Cedell filed an insurance bad faith lawsuit against Farmers. [read post]
8 Apr 2013, 7:54 am
Moore’s 1/2 interest in the Property. [read post]
12 Jun 2017, 9:37 am
Slice, an on-demand insurance provider, seeks to fill the gap between the demands of these on-the-go services and traditional insurance contracts, which may not cover home rental or car sharing. [read post]
27 Nov 2016, 3:30 am
”2 An insured cannot refuse to participate in an examination under oath. [read post]
3 Sep 2010, 7:00 am
In California, the court found an expanded duty to advise arises when only one of three conditions is first met: (1) when the agent misrepresents the nature, extent or scope of the coverage being offered or provided, (2) when there is a request or inquiry by the insured for a particular type or extent of coverage, or (3) when the agent assumes an additional duty by either express agreement or by holding himself out as having expertise in a given field of insurance… [read post]
20 Nov 2017, 5:25 am
And in fulfilling the duty to provide zealous representation, VisionAid’s personal attorney can make sure no one devalues the counterclaim. [read post]
28 Dec 2020, 8:58 am
For example, if they found that you had a pre-existing injury to the same body part, they could argue that another prior accident or incident was the cause of your current injuries.Reason #2: You Give Private Information to the Insurance CompanyYour medical records contain private information about your health. [read post]
16 Feb 2015, 8:58 am
Some insurers will write an umbrella policy as well on the same policy, or it may have to be provided separately. [read post]
19 Oct 2011, 10:00 pm
Crop insurance providers will offer the option to corn growers in 820 counties and soybeans in 880 counties, as designated by USDA’s Risk Management Agency. [read post]
