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2 Mar 2022, 8:48 am
The post New York Clarifies Provisions Allowing for Policies Under One Year appeared first on Insurance & Reinsurance. [read post]
14 Jan 2022, 5:01 am
In drafting them, insurers aim to strike a balance between the needs of clients while satisfying the expectations of investors, regulators, credit rating agencies and reinsurers (who provide insurance for insurers). [read post]
7 Dec 2021, 3:13 pm
The most common approach here is using their in-house doctors to conduct a paper review of the records that results in “uncertainties” about the “ongoing nature” of the disability, or the “scope of limitations. [read post]
30 Jul 2021, 1:09 pm
See Global Reinsurance Corp. [read post]
29 Jun 2021, 3:14 am
This limits insurers’ ability to accurately assess an organization’s risk profile or security practices and price policy premiums accordingly. [read post]
26 Mar 2021, 8:27 am
Similarly, most security guidance is controls-focused but provides little direction on how to map threats to control choices, and usually provides very limited guidance on how to link threats with controls assurance and testing. [read post]
24 Mar 2021, 9:06 am
The post Warning Shot Across the Bow – The CA Dept. of Insurance and Rebating appeared first on Insurance & Reinsurance. [read post]
8 Feb 2021, 7:51 am
” Under this bill, insureds classified as small businesses in Pennsylvania would receive 100% of the policy limit on covered losses, while insureds not classified as small businesses in Pennsylvania would receive 75% of the policy limit on covered losses. [read post]
21 Dec 2020, 11:18 am
Some states do expressly recognize the ability for surplus lines insurers to satisfy commercial automobile financial responsibility requirements. [read post]
15 Dec 2020, 3:46 am
This is unfortunate, especially where the statutory mechanism[2] for the enforcement of foreign judgments is certainly limited but otherwise shrouded in confusion[3]. [read post]
4 Jun 2020, 9:00 am
All resources still available in the EU budget have been channelled to support national governments and enterprises to limit the damages of the crisis. [read post]
13 May 2020, 4:58 pm
The post COVID-19 Daily Insurance Regulatory Updates To Keep You Informed During The Lockdown (May 13, 2020) appeared first on Insurance & Reinsurance. [read post]
30 Apr 2020, 4:21 pm
Insurers maintain the ability to perform retrospective review of such inpatient services when the state of emergency is lifted. [read post]
24 Apr 2020, 2:23 pm
For example, under New York Assembly Bill A10226A, “[a]ny clause or provision of a policy of insurance insuring against loss or damage to property, which includes, but is not limited to, the loss of use and occupancy and business interruption, which allows the insurer to deny coverage based on a virus, bacterium, or other microorganism that causes disease, illness, or physical distress or that is capable of causing disease illness, or physical distress shall be null and void . . . . [read post]
21 Apr 2020, 4:11 pm
Georgia: On April 20, Governor Kemp issued Executive Order 04.20.20.01, extending limited liability protections given to healthcare workers to Auxiliary Emergency Management Workers. [read post]
14 Apr 2020, 8:00 pm
A small number of industrial sectors are not eligible for support including banks, building societies, insurers and reinsurers (though not insurance brokers), the public sector bodies, further-education establishments, if they are grant-funded and state-funded primary and secondary schools; have a sound borrowing proposal which, were it not for the current pandemic, would be considered viable by the lender, and for which the lender believes the provision of finance will enable the business… [read post]
9 Apr 2020, 3:40 pm
The post COVID-19 Daily Insurance Regulatory Updates To Keep You Informed During The Lockdown (April 9th, 2020) appeared first on Insurance & Reinsurance. [read post]
8 Apr 2020, 3:55 pm
The Proclamation, states that the Department of Licensing (“DOL”) is currently experiencing difficulty in adequately staffing and supplying various administrative and operational activities, including the ability of the DOL to meet the demand for driver’s license renewal. [read post]
1 Apr 2020, 9:37 am
A small number of industrial sectors are not eligible for support including banks, building societies, insurers and reinsurers (though not insurance brokers), the public sector and membership organisations or trade unions; and have a sound borrowing proposal which, were it not for the current pandemic, would be considered viable by the lender, and for which the lender believes the provision of finance will enable the business to trade out of any short-to-medium term difficulty. [read post]
31 Mar 2020, 4:16 pm
The post Business Interruption Insurance Coverage Litigation Arising from COVID-19 appeared first on Insurance & Reinsurance. [read post]
