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20 Jul 2012, 2:35 pm
In Republic Underwriters v. [read post]
19 Jul 2012, 3:39 am
This is interesting because of the recent decision in the Northern District of Georgia in the Integrity Bank case, applying Georgia law and holding that because of their protection under the business judgment rule, directors cannot be held liable of ordinary negligence. [read post]
13 Jul 2012, 1:01 pm
This is after the California Department of Insurance conducted an examination of the company, specifically looking at whether it was properly applying rating rules and underwriting guidelines for both commercial and personal lines. [read post]
13 Jul 2012, 6:13 am
The underlying concern of the groups is that, based on the significant liability that will apply to violations of the ability to repay rule, most lending will be limited to qualified mortgages and, therefore, if the concept of a qualified mortgage is narrowly constructed, many deserving consumers will not be able to obtain mortgage loans. [read post]
13 Jul 2012, 1:00 am
However, an earlier court ruled that, because the Dodd-Frank Act is silent about the extraterritoriality of the whistleblower provisions, the provisions do not apply extraterritorially. [read post]
11 Jul 2012, 5:00 am
[9] ORC 2329.03 [10] IRC § 6323(b)(8); See Also, North Carolina Joint Underwriting Assn. v. [read post]
10 Jul 2012, 4:29 am
In addition, the two “safe harbors” for forward looking information in the Securities Act, Issa points out, do not apply to IPOs, causing underwriters to have fear in disclosing their projections to the public at large. [read post]
9 Jul 2012, 4:21 pm
To illustrate, many policyholders may be surprised to learn that a standard CGL policy likely would not apply to a technology or cyber privacy claim, notwithstanding that the form typically includes coverage for “property damage” and “personal and advertising injury. [read post]
9 Jul 2012, 12:22 pm
They looked at whether the New York-based insurer was properly applying rating rules and underwriting guidelines for both personal and commercial lines. [read post]
9 Jul 2012, 5:54 am
In particular, an insurer must show: it is authorized in its state, district, territory, commonwealth, possession or country of domicile, to engage in the kinds of insurance business for which it is applying; active engagement in such business for a period of at least three years prior to the date of the application; that during either any two of the last three years or the most recent year, it generated a net income from operations, after Federal taxes, as reported in the… [read post]
6 Jul 2012, 9:31 am
The authors have produced high quality sponsored research and I appreciate their disclosure of AT&T’s financial underwriting. [read post]
3 Jul 2012, 8:45 am
Hartford Underwriters Ins. [read post]
2 Jul 2012, 6:32 am
The case was Certain Interested Underwriters at Lloyd’s London v. [read post]
30 Jun 2012, 6:37 am
In the recent case of Certain Interested Underwriters at Lloyd's London v. [read post]
29 Jun 2012, 3:07 pm
So, she did… she applied in February of 2011. [read post]
29 Jun 2012, 3:07 pm
So, she did… she applied in February of 2011. [read post]
28 Jun 2012, 12:48 pm
Hartford Underwriters Insurance Company, No. 12-1161 (10th Cir. [read post]
28 Jun 2012, 9:42 am
When it comes to understanding the potential risks, costs, and advantages of the various investment “products” offered today, a prudent investor must begin by understanding the role of the person from whom they are purchasing the investment. [read post]
28 Jun 2012, 3:16 am
Prior to its collapse, IndyMac carried D&O insurance representing a total of $160 million of insurance coverage spread across two policy years, the first applying to the 2007-2008 period and the second applying to the 2008-2009 period. [read post]
25 Jun 2012, 8:31 am
In addition, the two “safe harbors” for forward looking information in the Securities Act, Issa points out, do not apply to IPOs, causing underwriters to have fear in disclosing their projections to the public at large. [read post]
