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29 Jun 2022, 5:24 am by Schwartzapfel Lawyers P.C.
The act of God clause determines when the insurance company is responsible for providing coverage. [read post]
18 Jan 2012, 2:30 pm by Lucas A. Ferrara, Esq.
Preferred Provider Organizations (PPOs) offer lower co-payments like HMOs but give you more flexibility when selecting a provider. [read post]
28 Sep 2011, 6:31 am by Rebecca Tushnet
" The schedule, however, provided exactly the same time and dollar limits as mandatory PIP coverage. [read post]
20 Mar 2015, 4:56 am by Denise Sze
I am talking about the additional living expenses (ALE) portion of the policy that provides an insured with the monies above and beyond what they normally spend for everyday living if a loss occurs that puts the insured out of their home because their home is deemed unlivable. [read post]
15 Jul 2011, 5:21 am by Leonard
Next, as it relates to accidents an insurer can’t non-renew your policy just because you had one at-fault accident in a 3 year period. [read post]
15 Jul 2011, 5:21 am by Leonard
Next, as it relates to accidents an insurer can’t non-renew your policy just because you had one at-fault accident in a 3 year period. [read post]
6 May 2021, 2:03 am by Laura Hodgson (UK)
The Financial Conduct Authority (FCA) has published a web page setting out its expectations for buildings insurance providers in terms of offering fair value insurance for leasehold properties. [read post]
25 Feb 2010, 9:47 am by Morgan Adams
Yeates, 584 F.3d 868 (10th Cir. 2009) (en banc), the court held that the MCS-90 Endorsement applies as surety coverage when the underlying insurance policy to which it is attached provides no coverage for the loss and the motor carrier’s insurance coverage is not sufficient, IN AGGREGATE, to satisfy the federally prescribed minimum levels of financial responsibility. [read post]
6 Aug 2018, 4:38 pm by Kevin LaCroix
Though the current standard D&O insurance form does also provide protection for the company itself, the policy’s historical purpose and still its primary purpose is to provide personal protection for the individual executives. [read post]
20 Feb 2012, 7:00 am
Coker brought suit against Bituminous Insurance Co., the insurance carrier whose policy covered the Freighthner that Broom operated for his employer. [read post]
13 Oct 2017, 5:00 am by Daniel E. Cummins
Section 8371 only applies to an "insurer" and not an insurance agent.To review this decision, click this LINK. [read post]
22 Apr 2010, 7:27 am by Jeffrey Andersen
On April 13, the Federal Deposit Insurance Corporation (“FDIC”) issued a Notice of Proposed Rulemaking for a proposal to revise the deposit insurance assessment system. [read post]
6 Mar 2013, 5:30 am
But the regulations outlining these parameters were only released last Friday (3/1/2013). [read post]
5 Dec 2018, 4:28 pm by Kevin LaCroix
” The significance of the definition is that D&O insurance provides coverage for Claims against Insured Persons alleging a Wrongful Act. [read post]
28 Jun 2011, 5:01 am by Chip Merlin
The Court's analysis was direct and to the point: Florida Statute § 627.405 provides the basis for standing to sue under an insurance contract. (1) No contract of insurance of property or of any interest in property or arising from property shall be enforceable as to the insurance except for the benefit of persons having an insurable interest in the things insured as at the time of the loss. (2) “Insurable… [read post]
27 Jun 2012, 2:28 pm by Debra A. McCurdy
Rebates will be provided to consumers either through: a rebate check in the mail; reimbursement to the credit card or debit card used to pay the premium; or a reduction in future premiums (with special rules for rebates associated with employer-provided policies). [read post]
23 Oct 2009, 1:51 am
Recinos reportedly stated as follows: (1) Fitch expects a price war as new competitors enter the market, which may leave the former monopoly holder, the Instituto Nacional de Seguros (INS), vulnerable as prices decline and competition increases; (2) the opening of the obligatory insurance market to private competition in 2011 will likely cause further loss of premium for the INS; and (3) Fitch does not consider the INS’ current premiums in the market to be artificially… [read post]
5 May 2013, 12:34 pm
PIP provides a limited amount of coverage for the insured's own medical expenses and lost wages --- see Florida Statute 627.736. [read post]