Search for: "Commercial Risk Reinsurance Company Limited"
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27 Jul 2012, 7:47 am
Insurers in the UK can reinsure with Pool Re. their commercial property liabilities for terrorism claims in excess of their self-insured retention. [read post]
19 Jun 2019, 7:26 am
New York expressly allows for risk retention groups (a particular species of captive insurers) and risk purchasing groups (vehicles established to purchase group liability insurance from admitted or surplus lines insurers) to provide or purchase group commercial liability insurance, respectively, without tripping New York’s group prohibitions. [read post]
11 Oct 2010, 6:00 am
Commercial Property Coverages: The commercial property area has the most established products, addressing coverage for building upgrades. [read post]
14 Mar 2022, 1:59 pm
For most companies and boards, the risks of abandoning commercial D&O insurance in favor of these limited alternative arrangements is likely to be unacceptable. [read post]
18 May 2020, 4:58 pm
-based companies and not alien (non-U.S.) surplus lines insurers. [read post]
10 Feb 2020, 10:55 am
However, depending on the amount of actual risk actually located or otherwise attributable to commercial property and casualty risks in the U.S., federal regulations provide guidance that small amounts of U.S. risk or commercial P&C exposure in proportion to an insured’s global risk are considered “incidental” and not subject to TRIA. [read post]
13 May 2019, 1:54 pm
The types of accident and health coverage that some states are permitting in the nonadmitted market include, but are not limited to, short term medical, international major medical, excess disability, high-risk disability and other similar coverages. [read post]
27 Nov 2023, 10:22 am
§ 10-3-1104.9(8)(e). [6] Title insurance, bonds executed by qualified surety companies, and insurers of exempt commercial policyholders are exempt from the act. [7] “Insurance practice” means “marketing, underwriting, pricing, utilization management, reimbursement methodologies, and claims management in the transaction of insurance. [read post]
4 May 2015, 9:02 am
Commercial Property Coverages: The commercial property area has the most established products, addressing coverage for building upgrades. [read post]
2 Oct 2012, 10:41 am
In addition, SB 1448 authorizes the insurance commissioner to evaluate the enterprise risk related to an insurer that is part of a holding company. [read post]
11 Jun 2010, 8:33 am
- A limitation on the period of closure for which cover is available [read post]
21 Dec 2020, 11:18 am
Does a Surplus Lines Insurer Have Greater Flexibility for Commercial Automobile Insurance Coverage? [read post]
29 Dec 2021, 12:00 pm
This is because courts consider D&O policies are obtained for these very risks, so are loath to interpret the policy in a way that makes it commercially useless. [read post]
14 May 2019, 6:16 am
There are specific requirements for insurance companies and other licensees to manage the cybersecurity risk of their third party service providers, and to ensure that these third parties can abide by applicable limitations on the use and sharing of data. [read post]
21 Apr 2020, 4:11 pm
Q: For new policies incepting during this period, carriers may be reflecting the changes in risk. [read post]
1 Apr 2020, 9:37 am
As with any other commercial transaction, the borrower is always 100% liable for repayment of the facility supported by CBILS. [read post]
8 Apr 2020, 3:55 pm
However, NDOI is willing to consider companies’ written request for late filing, but reserves the right to reject any such individual company request. [read post]
15 Apr 2020, 3:50 pm
B-0020-20 providing guidance that the Department expects insurers to work with commercial policyholders that have reduced operations. [read post]
28 Mar 2018, 10:00 am
For example, coverages may insure implausible risks, fail to match genuine business needs, or duplicate the taxpayer’s commercial coverages. [read post]
26 Oct 2020, 11:18 am
”[ix] By February 2020, nine insurers, four major brokerage firms, and eight reinsurers had concluded 30 reinsurance contracts through the application, including, according to B3i, “some of the world’s most complex Catastrophe Excess of Loss (XoL) reinsurance treaties. [read post]
