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When Your Workers Compensation Insurer Goes Bankrupt
12 Jul 2016, 6:30 am by Michael B. Stack
All rights reserved under International Copyright Law. [read post]
Work Comp Roundup - http://reduceyourworkerscomp.com/
Ninth Circuit Reaffirms Salyers; Rejects Insurer’s Contention That “Non-Waiver” Provision in ERISA Life Insurance Plan Insulates It From Plan Administrator’s/Agent’s Imputed Liability
23 Jul 2021, 11:15 pm by McKennon Law Group
Metropolitan Life Insurance Co., 871 F.3d 934, 940 (9th Cir. 2017), which the court commented was very similar on the facts. [read post]
California Insurance Litigation Blog - http://www.mslawllp.com/category/insurance-blog/
Survey on securitisation markets conducted by BCBS-IOSCO Task Force
3 Jul 2014, 7:12 pm by Sabrina I. Pacifici
“The Basel Committee on Banking Supervision (BCBS) and the International Organization of Securities Commissions (IOSCO) are co-leading a task force that will undertake a wide-ranging survey of securitisation markets worldwide. [read post]
beSpacific - http://www.bespacific.com/
Ongoing Debate Over The Ongoing Operations Limitation On Additional Insured Coverage
5 Apr 2012, 11:07 am by Diane Polscer
Sept. 19, 2008); American International Specialty Lines Insurance Co. v. [read post]
National Insurance Law Forum - http://www.insurancelawforum.com/
Authorities Uncover $20 Million Health Care Scheme in California Federal authorities arrested five individuals connected to San Fernando Valley clinics and a significant health care fraud scheme. On May 22, a federal grand jury indictment was unsealed. The indictment alleges that the five individuals engaged in a health care fraud conspiracy over multiple years and targeted at least eight health insurance companies and the International Longshore and Warehouse Union, the Pacific Maritime Association Benefit Plan, and the Federal Employees Health Benefits Program. The Conspirators According to the Department of Justice (DOJ) press release, the co-conspirators included: Roshanak “Roxanne” or “Roxy” Khadem, 50: Khadem owned and operated two clinics, R&R Med Spa and Nu-Me Aesthetic and Anti-Aging Center. Dr. Roberto Mariano, 59: Mariano helped operate the clinics. Marina Sarkisyan, 49: Sarkisyan was a clinic office manager. Lucine Ilangezyan, 38: Ilangezyan was an insurance biller for the clinics. Gary Jizmejian, 44: Jizmejian was previously a senior investigator at the Anthem Special Investigations Unit, the insurer’s anti-fraud unit. The Allegations The indictment alleges that the co-conspirators induced patients to visit the clinics for free cosmetic procedures, such as Botox injections, facials, and laser hair removal. These procedures were not covered by insurance. The co-conspirators would gain the patients’ insurance information and bill their insurers for medical services that were unnecessary or never provided. The defendants then used some of the illegally obtained proceeds to calculate a “credit” the patients could use for discounted or free cosmetic procedures. The defendants submitted at least $20 million in insurance claims and were paid approximately $8 million. The indictment also states that Jizmejian, for cash payments, would provide Khadem and others with confidential Anthem information. This information helped the defendants submit fr
30 May 2018, 5:43 am by Gregory J. Brod
The co-conspirators would gain the patients’ insurance information and bill their insurers for medical services that were unnecessary or never provided. [read post]
Healthcare Fraud Lawyer Blog - https://www.healthcare-fraud-lawyer.com/
“The Resurgence of Special Purpose Acquisition Corporations and D&O Insurance Market Considerations”
9 Nov 2020, 6:48 am by Kaufman Dolowich Voluck
Join us for a Live Webinar Tuesday, December 1, 2020 11am to 12 noon (EST) Panelists: Mary Jo Barry, Co-Managing Partner of the KDV NYC Office Mike Cavallaro, President and Chief Executive Officer, ARC Excess & Surplus, LLC Doug Ellenoff, Corporate Attorney, Ellenoff Grossman & Schole LLP Eric Senatore, Senior Vice President, Commercial Management Liability, Sompo International Join us for a conversation around the current popularity of SPACs. [read post]
Kaufman Dolowich & Voluck, LLP Blog - http://www.kdvlaw.com/news-resources/category/blog/
New York’s Highest Court Enforces Arbitration Provision in California Workers’ Compensation Insurance Agreement, Rejecting McCarran-Ferguson “Reverse Preemption”
22 Apr 2016, 3:21 pm by Rachel Tischler and Nicole Zolla*
*Nicole Zolla is a law school intern currently attending Brooklyn Law School. [read post]
Labor & Employment Law Blog - http://www.laboremploymentlawblog.com/
Insurance Subrogation Challenges for Insurers and Policyholders
11 Nov 2010, 2:05 am by Chip Merlin
Fortunately, my co-panelist, Gary Wickert, is regarded as one of the world's leading experts on insurance subrogation. [read post]
Property Insurance Coverage Law Blog - http://www.propertyinsurancecoveragelaw.com/
Key Questions to Ask When Selecting An Insurance Broker
30 Sep 2020, 6:30 am by Michael B. Stack
All rights reserved under International Copyright Law. [read post]
Work Comp Roundup - http://reduceyourworkerscomp.com/
Key Questions to Ask When Selecting An Insurance Broker
20 Jan 2016, 6:30 am by Michael B. Stack
All rights reserved under International Copyright Law. [read post]
Work Comp Roundup - http://reduceyourworkerscomp.com/
Proposed amendments to implement a risk-based capital regime for the Hong Kong insurance industry
14 Apr 2023, 5:24 am by Etelka Bogardi (HK) and Conrad Lam
Anna Sykes has also co-authored the article. [read post]
Regulation tomorrow - http://www.regulationtomorrow.com/
ICBC Insurance Claims and the Duty to Disclose the Principal Operator
16 Mar 2009, 5:36 pm
Manufacturers Life Insurance Co., [1984] B.C.J. [read post]
ICBC Law - http://bc-injury-law.com/blog/
Minnesota Penalizes AIG Unit Over “Deceptive” Insurance
29 Mar 2012, 12:33 pm by brittania
National Union Fire Insurance Co. will pay a $250,000 fine to Minnesota after authorities there accused it of participating in a misleading insurance program offered on travel website Travelocity.com. [read post]
Insurance Company Patrol - http://www.insurancecompanypatrol.com/
Insurance Company Profits Soar Despite Alleged Insurance Fraud "Epidemic"
17 Nov 2011, 9:00 am by Erin Kristofco
Insurance companies and insurance industry advocates consistently point to insurance fraud as a reason for higher insurance premiums. [read post]
Property Insurance Coverage Law Blog - http://www.propertyinsurancecoveragelaw.com/
Insurance Companies. Deny, Delay, Defend.
17 Nov 2008, 5:00 am
Some companies hired a giant firm call McKinsey & Co. to help them reduce costs. [read post]
Poppe Law Blog - http://www.poppelawfirm.com/blog/
Insurance Companies. Deny, Delay, Defend.
11 Feb 2007, 5:00 am
Some companies hired a giant firm call McKinsey & Co. to help them reduce costs. [read post]
Poppe Law Blog - http://www.poppelawfirm.com/blog/
Wisconsin Supreme Court Addresses Issues Concerning the Default Judgment Statute, the Direct Action Statute, and Personal Liability for Corporate Officers
27 Jul 2011, 11:00 pm
American International South Ins. [read post]
von Briesen Legal News - http://www.vonbriesen.com/legal-news
Wisconsin Supreme Court Addresses Issues Concerning the Default Judgment Statute, the Direct Action Statute, and Personal Liability for Corporate Officers
27 Jul 2011, 11:00 pm
American International South Ins. [read post]
von Briesen Legal News - http://www.vonbriesen.com/legal-news
Ex-NJ Mayor and Insurance Agent Sentenced On Charges Involving Workers' Compensation Insurance Scheme
11 Jan 2014, 1:29 am by Jon Gelman
The payments were made to allow Cotroneo and Gartland, 72, of Baltimore, Md., – insurance co-brokers for the school district – to obtain and keep the lucrative insurance brokerage contracts with the district. [read post]
Workers' Compensation - http://workers-compensation.blogspot.com/
IRS Publishes Interest Rates For Calculating Insurer Reserves Under IRC Section 807
20 Jan 2014, 1:04 pm by Cynthia Marcotte Stamer
The Internal Revenue Service recently updated the state assumed interest rates insurance companies must use to compute their reserves for (1) life insurance and supplementary total and permanent disability benefits, (2) individual annuities and pure endowments, and (3) group annuities and pure endowments for post December 31, 2012 in Revenue Ruling 2014-4. [read post]
HR & Benefits Update - http://slphrbenefitsupdate.com/