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28 Aug 2009, 6:48 am
Second-to-die life insurance has long been used by married couples to provide liquidity to pay estate taxes at the death of the second spouse to die. [read post]
18 Mar 2009, 10:02 am
Excess insurer required to contribute to defence cost of its insured. [read post]
22 Aug 2012, 1:34 am by Kevin LaCroix
The D&O insurer denied coverage relying among other things on the policy’s contract exclusion, which provided that no coverage will be available “based upon, arising from, or in consequence of any actual or alleged liability of an Insured Organization under any written or oral contract or agreement, provided that this Exclusion … shall not apply to the extent that an Insured Organization would have been liable in the absence of the… [read post]
13 Dec 2014, 10:10 pm by Kirk Jenkins
The Vehicle Code provides that any car rental company operating in the state must provide proof of its financial responsibility. [read post]
16 Sep 2010, 10:09 am by structuredsettlements
In its August 31, 2010 bulletin posted on the Texas Department of Insurance (TDI) website, Geeslin noted that TDI "strongly encourages" all insurance companies issuing settlement payments payable to both the claimant and the claimant's representative to provide written notification to the claimant when the payment is issued to his or her representative. [read post]
12 Mar 2020, 3:00 am by Paul LaSalle
Earlier this year, I wrote how, under Michigan law, insurers were required to provide coverage to innocent co-insureds notwithstanding any insurance policy exclusion for intentional acts by an insured.1 This was the case as Michigan law prohibits the exclusion as void against public policy. [read post]
2 Feb 2023, 1:48 pm by admin
Builders would then receive payment from the insurance provider, which helped facilitate the process of filing claims for property owners. [read post]
14 May 2008, 4:00 pm
Life insurance can be used to finance the cost of a replacement caregiver, or someone who will replace certain services that are now being provided by the deceased caregiver. [read post]
17 Sep 2024, 7:11 am by Mary Anne Peck
Level 3 vehicles aren’t even available to consumers nationwide , although Mercedes-Benz’s Level 3 feature Drive Pilot is available to consumers in California and Nevada . [read post]
27 Jun 2010, 4:26 am
Additional Resources: FEMA provides a position on potential oil mixed with flood waters.pdf [read post]
11 Jul 2011, 8:00 am
Coverage is provided for you, your spouse and any relatives living in your household and insured by your primary policies. [read post]
15 Aug 2012, 6:46 am
PIP insurance provides coverage for medical costs arising out of a car accident, regardless of who is at fault. [read post]
6 Sep 2017, 12:03 pm by Jennifer E. White
” As the state of Florida begins evacuation procedures, Miami-based Hunton Insurance lawyers Walter Andrews and Andrea DeField provide commentary and analysis to the Daily Business Review on steps that South Florida insureds should take now in preparation for the impending storm. [read post]
13 Feb 2015, 7:12 am by Lisa Baird
The authors also urge companies facing potential issues to consider whether notice should be given to insurers with policies potentially providing coverage, even if no formal claim or lawsuit has been filed. [read post]
20 Feb 2014, 10:57 am
They also believe their insurer will act in good faith, providing them with the long term disability benefits to which they are entitled. [read post]
11 Nov 2015, 6:58 am by Patrick A. Malone
Equally important, insurance coverage plays a critical role in maintaining health — whether providing preventive care or protecting individuals and families from big financial shocks if they must deal with catastrophic circumstance. [read post]
29 Aug 2008, 12:53 pm
Physicians' Reciprocal Insurers, 21 A.D.3d 702 (N.Y.A.D. 3 Dept. 2005) (“Elacqua I”), the defense counsel retained for the insured by the insurer had successfully moved to dismiss all of the covered claims, leaving viable only the uncovered claims; a verdict of $3 million was subsequently entered against the insureds on the uncovered claims. [read post]