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22 Mar 2020, 7:44 am by Kevin LaCroix
This risk is a concern both for the companies themselves and for their D&O insurers. [read post]
21 Mar 2020, 12:13 pm by Michael Abramowicz
The first type of risk can be costlessly insured away (I explain how the government can offer insurance on random selection at actuarially fair rates), and the second type of risk is not so different from many types of risk absorbed through capital markets. [read post]
20 Mar 2020, 8:28 am by skelly
For consumers and small businesses that can demonstrate financial hardship caused by the pandemic, ‎The Letter requests regulated entities take reasonable and prudent actions to support New Yorkers by: Offering payment accommodations, such as allowing consumers to defer payments at no cost, extending payment due dates, or waiving late or reinstatement fees, where consumers are unable to make timely payments of premium or fees due to COVID-19-related disruptions; Working with consumers to avoid… [read post]
19 Mar 2020, 3:24 pm by Scott Roybal and Matthew Lin
  For example, whistleblowers successfully brought FCA claims against large insurance companies for allegedly manipulating insurance claims to shift liability to the government. [read post]
19 Mar 2020, 1:11 pm by skelly
On March 18th, in an effort to provide relief to affected policyholders by allowing continuing insurance ‎coverage, the Division issued Bulletin B 20-80 (the “Cancellation Bulletin”), prohibiting insurers from terminating insurance contracts due to ‎non-payment.. [read post]
19 Mar 2020, 7:59 am by Evan Schwartz
The reason for the cancellation will often trigger a coverage dispute with the insurance company, however. [read post]
18 Mar 2020, 7:28 pm by Chris Castle
  If any suspension imposed under this paragraph by reason of an event affecting no Record manufacturer or distributor except Company continues for more than six (6) months, you may request Company, by notice, to terminate the suspension by notice to you within thirty (30) days after Company’s receipt of your notice. [read post]
18 Mar 2020, 1:46 pm by Kevin LaCroix
Rather, they are in-between in what might be called Section 102(b)(1)’s ‘Outer Band. [read post]
17 Mar 2020, 2:45 pm by Mark S. Goldstein
Lastly, under these circumstances, we also recommend contacting the local health authorities to confirm whether you have a duty to report the case. b. [read post]
17 Mar 2020, 10:30 am
[Hat Tip: FoIB Major B]Original content copyright © InsureBlog [read post]
16 Mar 2020, 3:55 pm by Earl Drott
For Advice About an East Texas Crash Trucking companies and their insurance companies often fight hard to keep injured people and their families from discovering information that would lead to a fair settlement or judgment. [read post]
15 Mar 2020, 8:59 pm by Omar Ha-Redeye
A Private Duty in Pandemics, and Insurance Considerations In Adam, Abudu v. [read post]
15 Mar 2020, 6:50 am by Kevin LaCroix
Joseph Kim, asserting claims based on Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and on Rule 10b-5. [read post]
(…) Such processing of health-related data for reasons of public interest should not result in third parties, such as employers, insurance companies or banks, processing personal data for other health-related purposes. [read post]
10 Mar 2020, 6:30 am by Michael B. Stack
You should consult with your insurance broker, attorney, or qualified professional. [read post]