Sentences with phrase «by other insurers because»

Not exact matches

He said the statements falsely implicated him in fraud at AIG, and suggested he was «removed» or «thrown out» by the insurer's board because of his role, among other allegations.

The complaint alleges, among other things, that the insurers, which also issued separate policies to Lazare Kaplan under English law, created a virtual coverage «whipsaw» by denying coverage under the English policies on the ground that Lazare Kaplan does not have an insurable interest in the largest portion of the property at issue while at the very same time asserting under the New York policies that there is no coverage because Lazare Kaplan insured the same property under the English policies.

It is remedial because it is intended not only to compel compliance by insurers with an important statutory purpose, but also to provide a remedy to the other party who was deprived of the opportunity for an early settlement of the claim.

It is a penalty because it is not intended to be merely compensatory of costs unnecessarily incurred by the other party or parties, as that objective is already addressed by other costs provisions of the Rules of Civil Procedure, but to provide a meaningful consequence to an insurer that elects not to comply.

(1) discouraging Plaintiffs from pursuing legitimate but modest claims by refusing to make any meaningful offer to pay damages and forcing those Plaintiffs to trial in circumstances where, because of defences the insurers have asserted, they can not possibly be successful unless they call expensive medical and other evidence;

Generally speaking, guaranteed issue life insurance will cost a bit more than some other traditional types of life insurance because of the increased risk factor taken on by the insurer.

Every life company has different underwriting criteria and there isn't a single hard and fast rule that says just because you've been turned down by one insurer that others will do the same.

This is because, though you get a fair idea with CSR about the number of claims settled by an insurer in one particular year, it's still doesn't give you any clear idea on why other claims were rejected.

If you or any of your passengers are experiencing pain in any way it's important to be seen by a doctor at once because your auto insurance company or the other drivers insurers will be less inclined to pay your claim if you didn't come forward to report injuries or trauma resulting from the accident right away.

If Coverage A increases (because the insurer has applied the extended replacement cost provision of the policy - i.e. the bid from the contractor to rebuild is MORE than the amount listed on the policy for Dwelling / Coverage A), the other coverages will also increase by specific percentages.

War Clause — Life insurers stopped using war exclusions in the 1970s, but for education's sake and because this clause is still relevant in other insurances this clause means that the insurer will not pay for loss or damage caused directly or indirectly by war.

Keep in mind, since there's no medical exam, blood or urine tests, rates may be higher, because the insurer may accept some people who may not get accepted by other insurers requiring a full physical exam.

* Note: Occasionally, the reason GEICO was able to beat its competition by such a large margin was because the other insurers required slightly more coverage than the state mandated.

Infant life insurance is generally much less expensive than other types of life insurance because of the increased length of the policy coverage and the reduced amount of immediate risk faced by the insurer.