So when the insurer disclosed in November that it was taking a $ 345 million hit on its balance sheet in order to cover
its additional claim liabilities — contributing to a $ 760 million loss for the year — Genworth's shares dropped 38 % in a single day.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for
additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with
additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow
additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our
additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation,
claims, and regulatory actions; 30) exposure to potential product
liability and warranty
claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
«State attorneys general told five of the nation's largest banks on Tuesday they face a potential
liability of at least $ 17 billion in civil lawsuits if a settlement isn't reached to address improper foreclosure practices» a «figure [that] doesn't cover
additional billions of dollars in potential
claims from federal agencies,» the Wall Street Journal reported on Wednesday.
Additional HLDI analyses of City Safety, Volvo's standard low - speed collision avoidance system, found that
claims under property damage
liability were filed 16 percent less often for S60 sedans than other midsize luxury cars.
Your landlord, as
additional insured, would generally be barred from making a
claim under your
liability coverage.
If you are an
additional insured, you may not be able to make a
claim against the tenant's
liability coverage when they cause a loss.
This is primarily because property
claims are a one - off payment where
liability could potentially result in
additional payouts once
liability has been accepted by the carrier.
If you list them as
additional insured, they're insured under the policy and likely not eligible to make a
claim against your
liability coverage.
Fortunately, the cost to add
additional liability insurance to your policy is relatively inexpensive, and well worth the expense, if you ever have to pay out on a
claim.
By participating, each Customer and selected winner agrees: (a) to be bound by these Rules and the decisions of Virtual Brokers, (b) to release and hold harmless Virtual Brokers, its affiliates, subsidiaries, and independent contractors, and their respective directors, officers, employees, agents and representatives including advertising and promotion agencies, from any and all
liability for
claims / damages including, but not limited to,
claims / damages for personal injury, for property damage with respect to acceptance, possession or use or misuse of the Prize or participation in the Raffle; (c) to permit Virtual Brokers to use his / her name, address, city, province, of residence, photograph, video, or any likeness for advertising or publicity purposes without any
additional compensation and (d) the winner agrees to sign a Declaration and Release Form to this effect.
In the event that the costs associated with an accident or injury exceed your normal
liability coverage, another party (often the injured person's attorney) can file an umbrella insurance
claim to collect
additional funds.
We are unable at this time to predict the ultimate amount of our
liabilities because the settlement of our existing
liabilities could cost more than we anticipate and we may incur
additional liabilities arising out of contingent
claims that have not been quantified, are not yet reflected as
liabilities on our balance sheet and have not been included in the estimated range of potential distributions, such as
liabilities relating to
claims that have not been resolved and
claims or lawsuits that could be brought against us in the future.
You include the withdrawal in income on the Canadian tax return and
claim the transfer into your RRSP, resulting in no
additional tax
liability to Canada.
However, if your Child Tax Credit is limited because it's greater than your tax
liability, you may be able to
claim the rest of it as the
Additional Child Tax Credit.
If
liability exceeds $ 13 billion, Congress can require nuclear utilities collectively to pay more to settle the
additional claims.
Users that create General
Liability Release of
Claims sometimes need
additional documents.
For
additional information about our approach to client service in slip - and - fall accidents and other premises
liability claims, contact Breslin & Breslin for a free consultation with a knowledgeable personal injury attorney.
Since then, and particularly in recent years, there have been a large number of initiatives designed to curb costs, such as limiting Legal Aid, and the removal of the ability to
claim so - called
additional liabilities in «no win, no fee» agreements - from paying defendants, costs budgeting and the use of alternative dispute resolution.
I can not stress how important it is for trial lawyers nationwide to be aware that these changes in Medicare policy are going to generate a lot of
additional issues, and potential
liability, when injury victims and their lawyers settle
claims with a Medicare component.
For insurance companies, Jim litigates and arbitrates coverage cases involving construction mishaps, professional
liability claims, uninsured / underinsured motorist policy provisions, subrogation
claims, third - party
additional - insured disputes, lead paint exclusions, and «other insurance» provisions.
Bus accident
claims can often be more complicated than other motor vehicle accidents because they involve more people and
additional liability from the bus company itself.
In following the test in Wraith, Mr Justice Foskett reached the decision that the failure to advise in relation to the 10 % Simmons uplift would have made no difference to a reasonable claimant and accordingly held that the
additional liabilities claimed should be restored.
If you are seriously injured due to negligence, we can help you file a third party
liability claim to recover
additional compensation for expensive and often career - ending work injury as:
Obtaining coverage on summary judgment for a utility as an «
additional insured» under a contractor's general
liability policy in connection with underlying wrongful death
claims.
Professional
Liability Insurance covers bodily injury, property damage, or economic damages; covers damages resulting from the company's professional service; with liability limit that covers defense and indemnity payments; typically on a «claims - made» basis; doesn't allow Additional Insureds; and can't be scheduled under an Umbrella Liabilit
Liability Insurance covers bodily injury, property damage, or economic damages; covers damages resulting from the company's professional service; with
liability limit that covers defense and indemnity payments; typically on a «claims - made» basis; doesn't allow Additional Insureds; and can't be scheduled under an Umbrella Liabilit
liability limit that covers defense and indemnity payments; typically on a «
claims - made» basis; doesn't allow
Additional Insureds; and can't be scheduled under an Umbrella
LiabilityLiability Policy.
Our Greater Boston Propane Explosion Lawyers will also determine if any
additional claims may be made in conjunction with your Propane Explosion Lawsuit - such as a Products
Liability Claim against the manufacturers of a defective product and / or a Workers» Compensation
Claim if your injuries were sustained on the job.
Referring the the $ 2 billion the WSIB is pulling each year from the system, lawyer Brian Killick (Neighbourhood Legal Services) explained employers are being required to contribute less while rider Peter Page noted this funding strategy means the
additional moneys found to lower the unfunded
liability are being made on the backs of injured workers through benefit cuts and denied
claims...
In addition, a section 7
claim provides
additional parties against whom
liability may be imposed.
In Quebec, the government system covers injury and death
claims, and private insurers offer
additional coverage for property damage, auto damage and bodily injury
liability claims that occur outside of Quebec's borders.
It means that when your landlord's insurance carrier subrogates and tries to collect that money they paid out from the responsible party, you're personally on the hook for it because your landlord doesn't have a
claim against your
liability coverage, as
additional insured.
In the event that the costs associated with an accident or injury exceed your normal
liability coverage, another party (often the injured person's attorney) can file an umbrella insurance
claim to collect
additional funds.
An insurance policy designed to provide
additional coverage against major losses covered under the original policy if existing
liability claim payments are exhausted past their limits.
Starr Indemnity &
Liability Company is located in New York City, NY and the phone number for Starr Indemnity &
Liability Company
claims, customer, service, and
additional information is (646) 227-6300.
Commercial Umbrella Insurance: Umbrella insurance is an
additional liability insurance policy that is designed to help protect you from major
claims and lawsuits.
If you are an
additional insured, you may not be able to make a
claim against the tenant's
liability coverage when they cause a loss.
The named
additional interest can't make
claims against your policy, other than a
liability claim that anyone you may have injured can make.
There are
additional significant benefits available to renters insurance policy holders, such as medical payments coverage that can be used in non
liability situations, and loss of use protection for instances when a
claim event has rendered your rented home unlivable.
For example, some residents choose to increase the
liability portion of their home policies for
additional protection against legal
claims.
Additional insured status can be problematic, especially in certain
liability claim situations.
If you list them as
additional insured, they're insured under the policy and likely not eligible to make a
claim against your
liability coverage.
Umbrella insurance is
additional liability insurance you can use to protect you and your assets from any major
claims or lawsuits.
If your condo association is forced to assess all unit owners for the
additional loss (or for personal
liability claims against the association), assessment insurance will help protect you.