Sentences with phrase «against insurers resulted»

Claims against insurers resulted in reimbursement of defense costs.

Not exact matches

Here's some of what's going on in the health care world as we head into Easter weekend: payers are pushing back against PTC Therapeutcics» controversial Duchenne muscular dystropy drug; insurers are cautiously lauding new rules for Obamacare's marketplaces; a fascinating lawsuit in Arkansas explores the ethics of drug making; and a new test for Zika virus can produce results within an hour.

If a property is sold as the result of a mortgage default, but the sale does not generate enough money to pay the outstanding balance and all associated costs, fees and interest, the insurer will pay the shortfall to the bank and will then have the right to enforce against each borrower personally for the deficiency.

The NFL filed a declaratory judgment action against 32 liability insurers in California concerning the insurers» duties to defend and indemnify the league for claims of its former players resulting from neurologic injuries suffered by players during their playing careers.

Successfully represented an international insurer in an international arbitration against a Venezuelan construction contractor and a Russian shipping company arising from vessels crashing into a pier at a chemical tank facility, resulting in millions of dollars in property damage and business interruption losses to the main pier in Puerto Cabello, Venezuela.

Represented professional liability insurer seeking to rescind policy issued to reinsurance company as a result of claims made against reinsurer for improperly calculating collateral requirements and wrongfully failing to release collateral, which claims were known to reinsurer at time of professional liability renewal policy application.

As a result the liquidators of companies which hold D&O insurance cover will usually file a liability claim against the D&O s and their Insurers while drafting their claim in a way that will fall under the D&O s insurance policy.

(1) Starlight Shipping Co v Allianz Marine & Ors; Brit UW Ltd & Ors v Starlight & Ors; Brit UW & Ors v Imperial Marine & Ors [2011] EWHC 3381 (Comm); [2012] 2 All E.R. (Comm) 608; [2012] 1 Lloyd's Rep. 162; [2012] 1 C.L.C. 100 — summary judgment on claims by insurers against assured for breach of a settlement agreement and of jurisdiction agreements in the settlement and in the underlying policy of insurance — constitution of a fund from which to indemnify insurers against future loss and damage resulting from continuation of the foreign proceedings where no anti suit injunction could be granted due to Turner v Grovit and Front Comor — refusal of discretionary stay in favour of Greek court under Article 28 where stay would condone breach of contract.

As a result of the resolution of the litigations, we successfully represented the national insurer in a contribution action against eleven other national insurers in which we recovered all of the fees and costs expended by our client in the underlying real estate disputes, exceeding $ 11 million

Traditionally, liability insurance was written on an occurrence basis, meaning that the insurer agreed to defend and indemnify against any loss which allegedly «occurred» as a result of an act or omission of the insured during the policy period.

Insurers can not take an action that results in an adverse effect against the consumer solely because the consumer does not have a credit card account.

Your insurer will represent you if a claim is brought against you and defend you if you are sued as the result of an accident.

Audits of insurers in the state resulted in an additional $ 278,990 in consumer restitution and $ 873,000 in fines and penalties against insurers.

However, a partial hedge against inflation is provided by the dividends paid on participating policies which reflect the favorable mortality, investment, and business expense results of the insurer.

Reviewed litigated claims as a result of a first party summons and compliant filed against the insurer for breach of contract.