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5 Jun 2015, 4:30 am by Charles Mathis
On June 2, 2015, FEMA Federal Insurance and Mitigation Administration Deputy Associate Administrator Brad Kieserman provided written testimony for a House Committee on Financial Services, Subcommittee on Housing and Insurance hearing titled “The National Flood Insurance Program: Oversight of Superstorm Sandy Claims. [read post]
31 Mar 2015, 12:14 pm by Kenneth Vercammen Esq. Edison
Section 2-1106(b)(3)(B) provides that the disclaimed interest passes as if S had predeceased T. [read post]
7 Nov 2017, 7:17 am by Lorelie S. Masters
These provisions provide challenges for United States policyholders and “stack the deck” in favor of the insurance companies that are repeat players in “Bermuda Form arbitrations. [read post]
27 Aug 2014, 9:00 am
Ultimately, the jury found the owners negligent for failing to make the building safer and awarded $2 million to the women’s families. [read post]
27 Aug 2014, 9:00 am
Ultimately, the jury found the owners negligent for failing to make the building safer and awarded $2 million to the women’s families. [read post]
31 Aug 2011, 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]
18 Aug 2009, 6:35 am
Exceptions for an IRA include using the amount withdrawn (1) to pay medical insurance premiums while unemployed, (2) to pay qualified higher education expenses, or (3) to buy, build or rebuild a first home. [read post]
19 May 2009, 6:30 am
There are essentially three methods for funding a buyout: (1) borrowing; (2) setting up a sinking fund or reserve; (3) acquiring insurance. [read post]
18 Dec 2023, 9:16 am by Javier Dominguez
After the SilkAir case’s monumental final payout, the insurance market nearly went bankrupt before rules and regulations were updated to provide more oversight. [read post]
26 Feb 2014, 1:36 pm by Kirk Jenkins
 The court noted that where an insurer had provided an attorney pursuant to a reservation of rights, noting the potential conflict of interest, “the insured is entitled to assume control of the defense. [read post]
15 Jul 2011, 5:21 am by Leonard
As you can see, even if the first 7 conditions do not apply, the insured still has the ability to provide a written statement, to their insurance carrier, outlining why they were not substantially at fault in the accident. [read post]
15 Jul 2011, 5:21 am by Leonard
As you can see, even if the first 7 conditions do not apply, the insured still has the ability to provide a written statement, to their insurance carrier, outlining why they were not substantially at fault in the accident. [read post]
18 Jul 2012, 3:00 pm
Basically, the insurance company's goal is to make the process more difficult so that injury victims will give up and drop the claim. 2. [read post]