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28 Jun 2019, 6:56 am by Kevin LaCroix
It doesn’t require much imagination to see how a coordinated global attack like NotPetya could simultaneously hit many companies in an insurer’s cyber insurance portfolio. [read post]
27 Jun 2019, 7:56 am by Russell Spivak, Benjamin Wittes
Or what happens when a Russian company declares bankruptcy but has a lot of assets in New York real estate? [read post]
24 Jun 2019, 7:44 pm by Kevin LaCroix
At a portfolio level, insurers of directors and officers can estimate a narrower range of capital outlay for these long-tail claims with econometric information that proves the absence of indirect price impact. [read post]
24 Jun 2019, 1:21 pm by Site Admin
I think about 10 years ago, they moved from a non‑for‑profit company to a for‑profit company, but they didn’t send out a big press release around that. [read post]
24 Jun 2019, 12:21 pm by Daniel E. Cummins
GEICO finding the Household Exclusion in UM/UIM policies to be invalid, the court denied a 12(b)(6) motion and held that that Gallagher is applicable even in situations where the Host and Household Vehicles are insured by different companies, where the Household Policy contains a stacking provision.This represents an extension of the Gallagher v. [read post]
24 Jun 2019, 11:18 am by Kevin Kaufman
Also, more than 50 percent of ForCo B is owned by U.S. persons (both hold a total of 60 percent) and therefore ForCo B is considered a CFC. [read post]
20 Jun 2019, 5:45 am by John Elwood
(relisted after the June 13 conference)   Land of Lincoln Mutual Health Insurance Company v. [read post]
19 Jun 2019, 1:19 pm by Thomas Dorn Jr
  In this case, a clerical error led to defendant not receiving a jury trial and led to the entry of $200,000 award which the defendant’s insurance company will have to pay. [read post]
19 Jun 2019, 1:19 pm by Thomas Dorn Jr
  In this case, a clerical error led to defendant not receiving a jury trial and led to the entry of $200,000 award which the defendant’s insurance company will have to pay. [read post]
19 Jun 2019, 1:19 pm by Thomas Dorn Jr
  In this case, a clerical error led to defendant not receiving a jury trial and led to the entry of $200,000 award which the defendant’s insurance company will have to pay. [read post]
18 Jun 2019, 1:25 pm by Goldfinger Injury Lawyers
This problem was quickly solved in around July 2016 when the Ontario government approved  a regulatory change under the Insurance Act to allow insurance companies to develop commercial fleet insurance policies for ride-hailing companies. [read post]
18 Jun 2019, 4:28 am by Eric Turkewitz
So the denials gave the insurance companies some, let’s call it, leverage. [read post]
16 Jun 2019, 5:19 am by Chris Earley
  One day you fall due to Company B’s negligence. [read post]
15 Jun 2019, 12:21 am by Public Employment Law Press
She sustained injuries in the course of her employment and sought benefits under a long-term disability insurance policy issued by the defendant Sun Life and Health Insurance Company (U.S.) [read post]
13 Jun 2019, 10:18 am by Jonathan Bench
These economists have noticed that (a) although China is encouraging foreign investment in its banking and insurance sectors, promising ownership of up to 100% by foreign investors, so far no one is biting, and (b) foreign lending institutions are loathe to provide capital to Chinese banks and industries, seeing economic risks in China everywhere they look. [read post]
12 Jun 2019, 12:45 pm by Kevin LaCroix
It happens because the person within the company that knows about the claim is not the same person that knows about the insurance. [read post]