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Modernizing insurance regulation, including reforming oversight of insurer investments, will result in healthy, robust insurance markets that benefit insurance consumers," said Drew Cantor, AIA vice president and director, federal affairs, in a statement.
4371 imposes a FET on certain premiums paid to a foreign insurer not engaged in a U.
The only problem with a bond investment is if the insurer needs to liquidate.
A company must register as a class 2 insurer if it is wholly owned by at least two unrelated persons (i.
In essence, the court stated that the agreement granted the insurer the right to settle within the policy limits, regardless of the merits of the claims.
In another ease, a private insurer questioned the medical validity of admitting to a hospital a man suffering from leukemia who had developed a 103-degree fever and had a dangerously low white blood count.
To Retain Profitable Clients Insurers Must Master their Enterprise Data to Segment and Understand Customers Better
Sierra Health has turned a physician practice into the largest health insurer in Nevada with its unusual approach of owning its own medical facilities and by making its home in one of the nation's largest booming markets.
Taxation of foreign-controlled insurance operations: In the case of a foreign insurer having U.
A legal duty to disclose with regard to a product that the insurance company has covered would be contrary to the insurer's statutory and contractual obligations today and place the insurer in a terrible bind.
Insurer, "The star performer was Guidewire, which scooped three of the five categories.
If an insurer ignores evidence, it acts unreasonably toward its insured and breaches the implied covenant of good faith and dealing.