Sentences with phrase «by the insurer on»

Over nine years, consumers» premiums have risen by 89.2 per cent as money paid by their insurers on their claims has risen by 91 per cent.

It is also important to highlight that for amounts payable by insurers on account of fees, payable under Sections 251) 3) 4) and 5 the relevant date appears to be the date of invoice and not whether the services were rendered before or after September 1, 2010.

determined to be payable by the insurer on the resolution of a dispute in accordance with sections 279 to 283 of the Act.

He is also instructed by insurers on complex and high value disease cases, and is a recognised expert in mesothelioma and other occupational cancer claims.

Typically, such policies are written for the protection of directors and officers of companies and are sold by insurers on the basis that they provide «peace of mind» in the event that any allegation of malpractice is made against them in connection with their duties.

determined to be payable by the insurer on the resolution of a dispute described in subsection 280 (1) of the Act.

(Affirming Trial Court's Grant of Orders for Prejudgment Attachment of Amounts Paid by Insurer on Noncovered Claim Where Insurer Proved «Probable Validity» of its Claims for Unjust Enrichment and Rescission)

These documents set out the extent of your insurance coverage so any decision by the insurer on your claim will be made in reference to them.

Correspondingly, the user will get a list of services offered by the insurer on Twitter.

Every year, many claims are rejected by the insurer on the grounds that the nominee was not present at the time of claim settlement.

Also, in case your car was stolen owing to your own carelessness, like leaving your key in the car, not locking your car securely or entrusting other people with it, your claim might be rejected by your insurer on the grounds of carelessness.

You will be charged interest by the insurer on the loan which can not be deducted for income tax purposes.

All Life Insurance Contracts are based on utmost good faith reposed by the Insurer on the facts mentioned in the Application Form and all other documents annexed to the application on the Insured's health, which the Applicant warrants to be true.

Although there are some monetary limits set by insurer on the things lost during any unfortunate event, still car insurance premium can not work for your oversight.

The best part of a child insurance policy lies in its waiver - of - premium feature; under which even after the unfortunate death of the policyholder, policy does continue paying all benefits, and all future premiums is borne by the insurer on behalf of the policyholder.

«No Claim Bonus» is a discount offered by the insurer on the policy renewal to encourage policyholders stay healthy, and avoid claims.

PAC is deducted upfront from the premium paid by the insurer on a yearly or monthly basis, depending on the company and your premium paying frequency.

When a policy is cancelled within this period, the insured gets a full refund of the premium paid less any proportionate risk premium for the period on cover, expenses incurred by the insurer on medical examination and stamp duty charges.

User has a period of 30 days from the date of receipt of the policy document to review the terms and conditions of the policy and where the User disagrees to any of those terms or conditions, he has the option to return the policy stating the reasons for his objection, when he shall be entitled to a refund of the premium paid, subject only to a deduction of a proportionate risk premium for the period on cover and the expenses incurred by the insurer on medical examination of the proposer and stamp duty charges.

In accordance with Section 45 of the Insurance Act, 1938, «No policy of life insurance effected before the commencement of this Act shall after the expiry of two years from the date of commencement of this Act and no policy of life insurance effected after the coming into force of this Act shall, after the expiry of two years from the date on which it was effected be called in question by an insurer on the ground that statement made in the proposal or in any report of a medical officer, or referee, or friend of the insured, or in any other document leading to the issue of the policy, was inaccurate or false, unless the insurer shows that such statement was on a material matter or suppressed facts which it was material to disclose and that it was fraudulently made by the policy - holder and that the policy - holder knew at the time of making it that the statement was false or that it suppressed facts which it was material to disclose:

Not exact matches

May 1 - U.S. insurer MetLife Inc said on Tuesday John Hele retired as chief financial officer and will be succeeded by the company's treasurer John McCallion.

May 1 (Reuters)- U.S. insurer MetLife Inc said on Tuesday John Hele retired as chief financial officer and will be succeeded by the company's treasurer John McCallion.

May 1 - U.S. insurer MetLife Inc said on Tuesday John Hele has retired as chief financial officer and will be succeeded by the company's treasurer John McCallion.

U.S. health insurer Aetna, which has agreed to be bought by CVS Health, reported a better - than - expected first - quarter profit on Tuesday as an adjustment for low healthcare spending late last year offset a rise in flu - related costs.

Sanger - Katz lays out eight questions that are on a lot of folks» minds after President Trump's latest efforts to undercut the Affordable Care Act — an executive order Thursday morning, followed by an announcement last evening that the government would stop making certain ACA - related payments to insurers — and answers them.

The AHCA sacrifices $ 900 billion in future revenues by eliminating all other Obamacare taxes, including special levies on high - earners and annual fees on insurers.

By owning an insurer, CVS creates a field more difficult for Amazon to play on.

The chain, a unit of Walgreens Boots Alliance (wba), on Monday is launching a marketing campaign to burnish its health and wellness credentials at a time archival CVS Health (cvs) looks to get stronger by buying health insurer Aetna (aet) in a new $ 69 billion deal, and Amazon.com (amzn) is believed to looking into getting into the pharmacy business.

Your identity has by now been logged into some vast spy database in a foreign country (probably China), where an intelligence agency is building up a profile around your persona — sourced from personal information available on social media and through breached health insurers, airlines, government offices, and the like.

Three years ago, when four of the major health insurers rushed to partner on large - scale mergers, the deals were blocked by the Department of Justice, and ultimately rejected by the courts on anti-trust grounds.

And simply lowering that wholesale acquisition cost wouldn't assure that the savings would be passed on to consumers by insurers, drug benefit managers, and other players in the convoluted American health care industry.

Anthem has claimed that the benefits manager isn't passing on savings to the insurer, in effect overcharging it by billions.

23 %: The average additional level of premium increase requested by Idaho's PacificSource Health Plans (on top of a regularly planned 23 % hike), due to threats to cut off insurer payments.

Insurance is regulated state by state, and each state has its own insurance commission to determine how much insurers can raise rates on renewed term policies.

Applying the ratio of entities that meet the SBA size standards to the number of affected entities, based on the methodology described at greater length in the RIA of the Fiduciary Rule, the Department estimates that the number of small entities affected by this final rule is 2,438 BDs, 16,521 Registered Investment Advisors, 496 insurers, and 3,358 other ERISA service providers.

The company focuses on cancer drug research and has a platform for so - called «real - world» data, which can be used to assess the economic value of medicines and is sought after by drug makers looking to justify their prices to health insurers.

U.S. Food and Drug Administration chief Scott Gottlieb on Thursday questioned whether rebates that drugmakers provide to health insurers should remain protected by federal law, sparking new concerns on Wall Street over efforts to curb drug pricing.

The U.S. government on Monday said it would increase by 3.40 percent on average 2019 payments to the health insurers that manage Medicare Advantage insurance plans for seniors and the disabled, a higher - than - expected rise reflecting a projection of higher medical cost growth.

The second suit was filed June 8 by the American Council of Life Insurers (ACLI) along with the National Association of Insurance and Financial Advisors (NAIFA), and the third suit was filed on June 9 by the Indexed Annuity Leadership Council.

Of the five lawsuits filed against DOL, a Topeka, Kansas court will hold the first hearing on Aug. 24 in the case brought by insurer Market Synergy.

Health insurer Humana Inc's (HUM.N) shares closed up 4.4 percent on news it was in talks with Walmart (WMT.N) to expand their partnership or possibly be acquired by the retailer.

A hearing in NAFA's case is scheduled for Aug. 25; the hearing in the case brought by insurer Market Synergy against DOL was set to take place on Aug. 24, but it has been pushed back to Sept. 21.

Senate Health Committee Chairman Lamar Alexander and Sen. Susan Collins, Maine Republican, have partnered with Democrats on bills that would reel in rate hikes by resuming reimbursements for insurers who pick up low - income customers costs on the Obamacare exchanges and freeing up billions for a «reinsurance» program that blunts the cost of customers with big claims, so others don't have to pay more.

In addition, Gupte said the deal's impact on small and mid-market insurers was seen by specialists she consulted as the «crux of the debate, rather than the detrimental impact of restrictions on the retail pharmacy network choices.»

Since then, insurers have adjusted by whittling away at the benefits that came with variable annuities, imposing variable annuity investment restrictions on advisors, and sticking to their «derisking» strategies.

Depending on the proprietary channel arrangement, agents are often contractually required to sell a minimum volume of products developed by the insurer.

On September 15, 2015, BitPay filed suit against its insurer, Massachusetts Bay Insurance Company («MBIC») to recover amounts owed under a commercial crime policy issued by MBIC to BitPay as well as penalties for MBIC's bad faith denial

Next up in the fiduciary rule legal battle is the preliminary injunction requested by insurer Market Synergy on Sept. 21 before Judge Daniel D. Crabtree in the District of Kansas, which Sweeney says is «historically a more hostile venue» for the DOL.

The Markit iTraxx Financial Index of credit - default swaps on 25 European banks and insurers rose 4.5 basis points to 73.5, the highest since May 27, according to data compiled by Bloomberg.

Mr. Yi did not go into details, but he said that restrictions on foreign insurers and on foreign ownership of securities would be loosened by the end of June.