10,073 results found

Tennessee Famers Mutual Insurance Company (Farm Bureau) will settle all roof claims for actual cash value rather than full replacement value for all new and renewal business.

The Federal Deposit Insurance Corporation ("FDIC") issued a Financial Institution Letter ("FIL") earlier this week regarding banks' errors in reporting estimated uninsured deposits.

The notification was published in the Federal Register.

The FDIC published a handbook for new depository institutions.

A federal court in South Carolina held that a nuisance lawsuit based on noise failed to allege an "occurrence" or property damage under a CGL policy.

A federal court in South Carolina held that a commercial motor vehicle policy does not cover the insured for an underlying motor vehicle accident ...

A federal court in Tennessee granted summary judgment to an insurer as it found coverage was not owed under an aircraft policy for the theft of avionic equipment from a covered aircraft ...

In a recent decision involving major auto carriers, the federal court in Philadelphia has issued an important decision regarding passive anti-theft device discounts.

On November 25, 2014, the FDIC issued a final rule which will revise capital ratios and ratio thresholds to conform to the prompt corrective action capital ratio and ratio thresholds for used deposit insurance assessments.

On November 20, 2014, the FDIC issued a FIL laying out guidance in the form of questions and answers for new banks preparing applications for deposit insurance.

The US Department of the Treasury's Federal Insurance Office, established by the Dodd-Frank Wall Street Reform and Consumer Protection Act, released its long-awaited and much anticipated modernization report titled, "How to Modernize and Improve the System of Insurance Regulation in the United States."

A federal judge in Texas found that an insured had not proven a tort independent of a claim underpayment which would entitle it to a finding of bad faith against the insurer.

Readers of Law360 may recall a 2014 story about a Texas jury that rendered a $34 million dollar verdict against OneBeacon Insurance Company.

A Florida appellate court affirmed summary judgment entered in favor of insureds after determining that the policy wording applicable to the loss was ambiguous.

The Fourth Circuit recently concluded that a Sears employee's state law claims seeking money damages based on denial of insurance benefits was preempted by ERISA.

In a New York Law Journal article titled "Fourth Circuit Upholds Bump-Up Exclusion in Towers Watson Insurance Case," Schulte partner...

Carl Anthony Maio and Sandra A. Romaszewski were featured in the Captive Insurance Times article, "Fox Rothschild Wins Approval for New Jersey Captive."

The Ebola crisis has raised numerous issues worldwide. Many of the concerns sparked by the crisis – particularly in the insurance coverage context – are not unique to that disease, however.