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31 Dec 2008, 12:16 am
Nest Company. [read post]
10 Mar 2011, 5:35 am
It is not uncommon for ceding companies and their reinsurers to become embroiled in disputes on the manner in which a claim or settlement payment is allocated, whether a loss falls within the scope of coverage provided by the reinsurance contract, or whether a cedent’s claims-related decisions were reasonable and made in good faith.Under prevailing law throughout the United States, the follow the fortunes doctrine requires a reinsurer to indemnify a cedent for payments… [read post]
12 May 2014, 3:16 am
Worse, it could make slow growth permanent by ceding our position as a global high-tech leader to foreign competitors.link: http://www.freep.com/article/20140511/OPINION05/305110162/patent-policy-intellectual-property-lawsuits [read post]
31 Jul 2013, 8:11 am
Del Harvey, the company's senior director for trust and safety, cedes that the company can't monitor the more than 400 million tweets posted daily, and notes that Twitter already has in place a complaint-reporting system, albeit one that involves completing a form.Besides the button, Twitter also recommends that users unfollow offensive accounts, block abusive tweeters and report threatening messages to police. [read post]
26 Apr 2010, 4:26 am
Paul ceded a portion of its casualty reinsurance portfolio to Scandinavian Re. [read post]
26 Apr 2010, 4:26 am
Paul ceded a portion of its casualty reinsurance portfolio to Scandinavian Re. [read post]
23 Aug 2020, 7:01 am
Rather than ceding to governments the interpretation of the law, companies should gather expertise from legal counsel and outside experts to inform users of what governments may properly demand and guide their next steps. [read post]
12 Jun 2018, 6:07 am
The affiliated reinsurance company was created in response to the recent imposition of the Base Erosion Anti-Abuse Tax (BEAT) on reinsurance ceded to offshore affiliates. [read post]
27 Dec 2011, 2:56 am
Two recent decisions from federal courts addressed an important issue for many reinsurers: whether a non-party to a reinsurance agreement (such as a cedent’s insured) can proceed directly against the reinsurer for amounts owed to the non-party by the ceding company. [read post]
9 Mar 2011, 7:13 am
In turn, this should put pressure on state regulators to keep in step with those states that have reduced the collateral requirement so as not to disadvantage their domestic companies. [read post]
22 Jul 2008, 1:18 pm
Mar. 10, 2008), the court vacated several arbitration awards on the grounds that the reinsurer was not bound by the arbitration agreement in contracts between the ceding company and its insureds, and the arbitrators did not have jurisdiction to preside over the disputes between the parties.The Federal Crop Insurance Corporation (“FCIC”), a division of the United States Department of Agriculture, is a reinsurer of crop insurance policies issued by private… [read post]
19 Apr 2011, 3:57 am
Indiana recently enacted HB 1486 (enacted as PL 11, 2011, the “Act”), which, effective April 6, 2011, grants the Indiana Insurance Commissioner (the "Commissioner") discretion to reduce the amount of collateral required for domestic insurers to receive full financial statement credit for reinsurance ceded to assuming insurers that are not licensed or accredited by, or for an alien company entered through, Indiana or a state with similar standards regarding… [read post]
1 Apr 2008, 10:59 am
Cede & Co., No. 06-cv-4307 (D. [read post]
4 Mar 2010, 11:44 pm
Uriarte also noted that only 10% of earthquake premium was retained by local companies, with the remaining 90% ceded to foreign reinsurers.Chile’s insurance regulator, the Superintendencia de Valores y Seguros (SVS), also announced that the country’s insurers had agreed to relax claim notice requirements under the fire insurance policies that generally provide earthquake cover by endorsement. [read post]
4 Mar 2010, 11:44 pm
Uriarte also noted that only 10% of earthquake premium was retained by local companies, with the remaining 90% ceded to foreign reinsurers.Chile’s insurance regulator, the Superintendencia de Valores y Seguros (SVS), also announced that the country’s insurers had agreed to relax claim notice requirements under the fire insurance policies that generally provide earthquake cover by endorsement. [read post]
13 Apr 2011, 5:01 am
As the SEC has noted: Institutional custodians, such as Cede & Co. and other commercial depositories, are not single holders of record for purposes of the Exchange Act’s registration and periodic reporting provisions. [read post]
24 Apr 2019, 2:28 pm
Related posts:Does It Help Startups for Founders to Cede Control? [read post]
18 Oct 2011, 6:29 am
Senate introduced legislation that would defer tax deductions for insurers that cede large portions of their U.S. premiums to offshore affiliates.According to a joint statement issued by Rep. [read post]
19 Jan 2023, 12:00 pm
Shortly after that, Joshua Browder, CEO of a company called “DoNotPay” (which bills itself as “the World’s First Robot Lawyer”*) announced on Twitter that the company would pay any person $1,000,000 (and later, $5,000,000) to cede control of their Supreme Court argument to its OpenAI-based “robot lawyer. [read post]
