Insurance
This is FindLaw’s collection of Insurance articles, part of the Corporate Governance section of the Corporate Counsel Center. Click on the articles below to learn about defense perspectives in bad faith claims and steps to take if you are the victim of an auto accident. Every year thousands of automobile accidents cause severe personal injuries and/or property damage. By acting promptly and responsibly, you can protect yourself and your family against lost wages and overwhelming medical bills. Law articles in this archive are predominantly written by lawyers for a professional audience seeking business solutions to legal issues. Start your free research with FindLaw.
Corporate Governance
Insurance Articles
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Recent Revisions to New York Excess Line Statutes
On July 21, 1997, Governor Pataki signed Senate Bill 18, which revises New York's excess line broker law, effective January 17, 1998, to allow excess line brokers to bind coverage on behalf of unauthorized insurance companies.1 To exercise this ...
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Reducing the Risk: Environmental Insurance Becoming Standard Practice
The ease and quickness with which a company can buy environmental insurance should make it a routine part of leasing or purchasing a new business facility. In addition, the market for environmental insurance is increasingly competitive, resulting in ...
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Reinsureds’ Obligation Under The Uberrimae Fidei Doctrine
In the recent decision of Allendale Mutual Insurance Company v. Excess Insurance Company Ltd., 1998 WL 59411 (S.D.N.Y. 1998), District Judge Scheindlin shed some light on reinsureds' obligation of good faith toward their reinsurers. In that case, a ...
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Retirement Plan Distribution Rules Make Planning Easier
If you are an IRA owner or participant in a retirement plan, did you know that the federal government requires that certain amounts be distributed to you (and your beneficiaries) from those accounts when you reach a certain age? The Internal Revenue ...
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Risk Management For Construction Projects
is a co-author of , a 7 volume treatise that addresses the major issues of American construction law. This set offers an in-depth analysis of ... Read more For many construction participants, the concept of risk management is roughly equivalent to ...
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Sample Notice to Group Health Plan Participants of Benefits Required Under Women’s Health and Cancer Rights Act of 1998
As we advised in our previous Alert dated December 7, 1998, all group health plans are required to notify their participants of the availability of certain newly-mandated benefits related to reconstructive surgery following mastectomy. In order to ...
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Significant Issues with Respect to Directors’ and Officers’ Insurance Policies in the Post Sarbanes-Oxley Era
The passage of the Sarbanes-Oxley Act of 2002 and the adoption of related SEC rules have reinforced the fact that fully-engaged, independent directors, in addition to a well-informed management team, are essential for ensuring a company's financial ...
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Sing a Song of Reinsurance
Industry Custom and practice versus judicial fiat: Something's gotta give. By Eugene Wollan, ESQ. There is a conflict in the reinsurance business, and neither side is budging. The dispute? Whether expenses are within or in addition to the limits of ...
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Sources of Compensation in a Drunk Driving Accident in Illinois
People who have suffered injuries in an accident caused by a drunk driver have a number of sources to claim compensation for their losses caused by property damage, medical bills, lost wages, and pain and suffering. The first, and most obvious ...
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Special Insurance Coverage Problems and Risk Management Solutions for Technology Service Businesses
If your company services computers or computer networks or performs similar IT services, your company for most damage claims by your customers under a standard commercial insurance policy. Your insurance company will disclaim coverage and your ...
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