Sentences with phrase «against the insured»

Some states have «no pay, no play» laws that limit an uninsured driver's ability to file a claim against an insured driver.

Under a claims - made policy, the triggering event is a claim made against an insured during the policy period.

This insurance coverage is for claims brought against the insured entity wherever arising and is not therefore subject to territorial restriction.

The liability portion of an insurance policy is specifically for defending and settling any claims or paying any judgments rendered against the insured in an automobile negligence claim.

IN the company's view, self - represented claimants present no real threat of a lawsuit against the insured person.

As its name suggests, a claims - made policy covers claims made against an insured during the policy period.

An insurer's duty to defend an action against its insured is triggered by the mere possibility that a claim could be made under the insured's policy.

Drivers purchase insurance to protect themselves against the threat of being involved in a car accident against an insured driver who is really without assets to satisfy and sort of judgment.

This means they cover the cost of investigating, defending, and settling claims filed against an insured party.

It is generally triggered when a final judgement is entered against the insured, and it is satisfied when the insurer pays such covered amounts to the plaintiff who obtained the judgement.

In addition, the claim must be filed against an insured.

It thus ensures a complete cover for third party financial liability against your insured vehicle.

Here, insurers retain the right to defend any suit against the insured company arising from bodily or property damages.

The plaintiff filed her claim in negligence against the insured nearly six years after the date of the settlement.

It covers damages assessed against an insured because of bodily injury or property damage caused by an accident.

For all other types, the insurance provides protection against against the insured event and compensate the policyholder in case of the occurrence of insured event during the policy coverage.

Similarly, all actions to be accomplished against the insured person could likewise be applied to the collateral source.

The claims - made policy form only covers claims made against the insured during the policy term.

For a claim to be covered, it must be made against an insured during the term of the policy.

Insurance litigation involves not only the defense of various claims against an insured, but also analysis of coverage and conflicts.

Technical Answer: «If a claim is made or a suit is brought against an insured for damages because of bodily injury or property damage... we will pay up to our limit of liability for the damages for which the insured is legally liable... and provide a defense at our expense by counsel of our choice even if the suit is groundless, false, or fraudulent.»

The appellants also submitted the terms of the policy of automobile insurance issued by The Personal required it to pay any costs awarded against its insured irrespective of the issue of coverage.

It is also common to include a renounce clause of the insurance company to compensate the damages against the insured person in some cases (usually in case of DUI or other infringement of the law by the driver).

It is sad to say, but these companies don't really care if you file a lawsuit against their insured drivers since they don't have to pay their attorneys an hourly rate to defend the case because, as stated, they are salaried employees.

She later transitioned to In - House Legal Counsel for a leading National Insurance Corporation, where she assessed the legality of lawsuits brought against her insured clients and provided legal counsel to her client, the insurer corporation.

The Insurance Act states that every motor vehicle liability policy issued in Ontario shall provide that the insured appoints the insurer as its attorney to defend any action against the insured arising out of the ownership, use or operation of the automobile: Insurance Act, R.S.O. 1990, c. I. 8, s. 252 (1)(c).

Usually offered as a standalone policy, coverage can include protection form internally and externally launched attacks, as well as viruses that are specifically targeted against the insured or widely distributed across the Internet.

Hi Patrick, 1 - «my take on insurance such as disability and LTC is that they insure against the insured person's potential loss of future earned income.

Under the expanded moratorium, the FHA is instructing lenders and servicers to suspend all foreclosure actions against insured borrowers in these presidentially declared major disaster areas until May 18, the agency says in a release.

A «Claim» is defined under the Policy as «a demand including service of suit or institution of arbitration proceedings, for money against an Insured...» All Claims (written demand in letter form, suits, demands for arbitration, etc.) should be sent to:

Just last year, Nationwide was hit with a $ 8.1 million verdict after a jury determined that the company's failure to settle claims against its insured over a 2005 car accident was negligent and in bad faith.

The insurer may also commence an action or commence a counterclaim against the insured for breach of contract, misrepresentation, fraud, etc..

In the meantime, the Plaintiff's attorney pursued and obtained a judgment against the insureds in the tort action for more than the policy limit.

Represent EPL insurer in coverage proceedings concerning insurability of large punitive damages award entered against employer charged with sexual harassment and retaliation under statutory public policy prohibition against insuring deliberate wrongdoing, in Massachusetts.

In AIG v OC320301 LLP [2016] EWCA Civ 367, AIG argued that claims with a potential value of # 10m brought by investors against the insured solicitor should be aggregated so as to limit its liability under the policy to # 3m rather than about # 11m.

The firm acts for a heavyweight list of international insurers and Lloyd's syndicates, including XL Catlin Insurance, in claims brought against insured professionals in the legal, construction, accountancy and financial services sectors.

One of his cases still holds the record for a UK jury award of defamation damages against an insured defendant.

A Roanoke City Circuit Court grants an insurer's motion to sever an insured's claim for bad faith, which is premature when there has been no judgment entered against the insured on his claim for coverage under a fire policy.

If it is the fact that Chico renters insurance may give you another bill to pay that serves as a deterrent against you insuring yourself, don't fret.

Termination of a medical malpractice policy by cancellation is not effective for patients claiming against the insured unless written notice is given to the Department of Insurance at least 30 days in advance of the cancellation, and to the insured in case of cancellation by the insurer.

Base Sum Insured: The sum shown against each Insured Person in the Policy Schedule which represents the Company's maximum liability in aggregate for each Insured Person for any and all claims incurred for that Insured Person during the Policy Period.

To begin with, the third party needs to lodge an FIR against the insured vehicle owner and produce the insured's valid insurance proof before Motor Accident Claims Tribunal and follow the judgement.

However no single body has the power to require an insurer to remain solvent and it depends very much on the risks involved and the number of claims that are made against the insured risks.

Additional living expenses (ALE) coverage provides financial protection against an insured disaster that makes it necessary to temporarily live somewhere else.

There's no potential for coverage, and thus no duty to defend, if the undisputed facts available to the insurer at the time of coverage are sufficient to allow the court to rule against the insured.

(4) Where indemnity is provided to the insured under two or more contracts and one or more of them are excess insurance, the insurers shall, as between themselves, contribute to the payment of expenses, costs and reimbursement for which provision is made in section 245 in accordance with their respective liabilities for damages awarded against the insured.