Sentences with phrase «interests of the insurance company»

Considering that determining who is at fault in an accident is the primary interest of insurance companies, taking the time to learn how liability is typically decided can save you a significant amount of money and stress.

Your insurer has a duty to defend you and is required to retain a lawyer to represent you, treating your interests above the financial interests of the insurance company.

When an insurer appoints counsel to represent the interest of its insured, a conflict of interest may arise where the interests of an insured and the interests of an insurance company are not aligned.

It is in the best interest of insurance companies to avoid payment altogether or to settle quickly for the least amount of money possible.

Ian is proud of his «uniquely well - resourced team» leading legal challenges against the vested interests of insurance companies and employers.

While the insurance adjuster works for the best interests of the insurance company, your attorney will work to protect your best interests and to negotiate a fair settlement that compensates you for your past and future medical expenses, lost income, out - of - pocket costs, and pain and suffering.

The first was that the criterion for non-disclosure was the safeguarding not of the interests of the insurance company, but of the interests of the Revenue.

And the jury gave the usual verdict... [9]... While jury trials in civil cases seem to exist in Ontario solely to keep damages awards low in the interest of insurance companies, rather than to facilitate injured parties being judged by their peers, the fact is that the jury system is still the law of the land....

Look at the first sentence in para. 9 of the reasons: «While jury trials in civil cases seem to exist in Ontario solely to keep damages awards low in the interest of insurance companies, rather than to facilitate injured parties being judged by their peers, the fact is that the jury system is still the law of the land.»

When a lawyer is retained by an insurance company to represent its insured, a conflict of interest may arise where the interests of the insurance company and the insured are not in alignment.

Like every other business, the final interest of the insurance company is to make a profit.

Not exact matches

We initially backed that with our own reserves, which was a very scary thing to do, but then we got a lot of interest from insurance companies.

«The banks have no interest in financing small business unless they are 100 % secured on company assets, personal insurance and guarantees,» said a Bank of Montreal client based in Saint - Laurent, Quebec.

And the growing number of businesses interested in this sector — from companies involved in money transfer to those in savings, lending and insurance — is growing.

Excited by the discovery, Glickman presented the idea of callback to his bosses, only to be told that Amex had no interest in risking irritating Argentina's only phone company; it essentially regarded its outrageous phone bills as insurance that its telephone service would remain at least semireliable.

The Nebraska - based company has incredibly diverse interests, ranging from diamonds to insurance to Fruit of the Loom underwear.

Economic activity has gained momentum and longer - term interest rates have risen, helping to boost the earnings of banks and insurance companies.

Offers a unique history of US health care that has never been told in depth through analysis of the centers of national politics, powerful interest groups, and even individual insurance companies and physicians» offices

To the fullest extent permitted by applicable law, you agree to indemnify, defend and hold harmless Daily Harvest, and our respective past, present and future employees, officers, directors, contractors, consultants, equityholders, suppliers, vendors, service providers, parent companies, subsidiaries, affiliates, agents, representatives, predecessors, successors and assigns (individually and collectively, the «Daily Harvest Parties»), from and against all actual or alleged Daily Harvest Party or third party claims, damages, awards, judgments, losses, liabilities, obligations, penalties, interest, fees, expenses (including, without limitation, attorneys» fees and expenses) and costs (including, without limitation, court costs, costs of settlement and costs of pursuing indemnification and insurance), of every kind and nature whatsoever, whether known or unknown, foreseen or unforeseen, matured or unmatured, or suspected or unsuspected, in law or equity, whether in tort, contract or otherwise (collectively, «Claims»), including, but not limited to, damages to property or personal injury, that are caused by, arise out of or are related to (a) your use or misuse of the Sites, Content or Products, (b) any User Content you create, post, share or store on or through the Sites or our pages or feeds on third party social media platforms, (c) any Feedback you provide, (d) your violation of these Terms, (e) your violation of the rights of another, and (f) any third party's use or misuse of the Sites or Products provided to you.

The final DOL regulation «unfairly targets certain types of fixed annuity products, making it harder for Americans to purchase fixed indexed annuities when it is in their best interest to do so,» he said, adding that «this legal challenge is necessary because the rule creates an unworkable standard for independent agents and insurance companies and goes far beyond DOL's authority.»

The Department of Labor has issued technical corrections to the fiduciary rule, specifically clarifying whether insurance companies can use the best interest contract exemption as well as principal transaction exemption clarifications.

President Obama called it «a major victory for big oil, Wall Street banks, health insurance companies and the other powerful interests that marshal their power every day in Washington to drown out the voices of everyday Americans.»

«New Yorkers must be confident that the insurance agents, brokers and companies that they rely on are recommending the right products for them, and that the consumer's best interests are paramount,» said Maria T. Vullo, superintendent of the NYS Department of Financial Services.

As savers, pension funds and insurance companies sought relief from the pain of low interest rates, the issue now is «whether they ended up taking up risks that were greater than they realized,» said Donald Kohn, the Fed's former vice chairman under Bernanke.

For auditors of public interest entities, such as banks, insurance companies and listed companies, the committee agreed that audit firms would have to provide shareholders and investors with a detailed understanding of what the auditor did and an overall assurance of the accuracy of the company's accounts.

It did this by allowing banks, investment banks, and insurance companies to deduct half of the lender's interest income in computing their own corporate taxes for loans or structured bonds to corporations to access credit to finance ESOPs for broad groups of employees.

The cash value of a universal life insurance policy accumulates based on the amount of premium paid, monthly deductions for policy costs and an interest rate that is declared by the insurance company.

Insurance companies are some of the few beneficiaries of higher interest rates.

So your financial benefit is higher, as the insurance company is investing a part of your policy fund and that is earning interest for you.

That is why it is advisable to go for insured municipal bonds so that the insurance firm or company will be responsible for payment of your interest and principal if the municipal fails to pay up.

Those increases have drawn the notice of institutional investors, such as pension funds and insurance companies, which have turned to real estate as low interest rates have reduced returns from other steady investments, such as bonds.

Some finance companies even offer no - interest auto loans but think of factors such as higher auto insurance premiums, high repair bills, and depreciation.

The company shows a true interest in the health of all family members through programs such as pet insurance policies and smoking cessation programs.

Principal and interest are guaranteed by the financial strength of the insurance company that issues it.

This obligation provides an insurable interest, one of the requirements for an insurance company to issue a policy.

The insurance companies have promised to make timely interest and principal payments on any bonds covered by insurance if Puerto Rico defaults, said Rob Williams, director of income planning at the Schwab Center for Financial Research.

Hospitals often receive formula, usually based on cow's milk, free from the manufacturer — something in itself that is beginning to be seen as a conflict of interest, she said — while donor milk can cost $ 4.50 per ounce and is not covered by many insurance companies and public aid programs.

I know this is sort of a radical notion, but has anybody considered that insurance companies might be interested in subsidizing the cost of a breast pump for working (and nursing) women they cover?

And if breast is best, and if insurance companies have to pay out less money for women and babies who successfully maintain a healthy breastfeeding relationship (this on the assumption that, in fact, breastfed babies and mothers are healthier and less at risk for a variety of chronic ailments or cancers)- wouldn't it be in their best interest to shell out a couple hundred bucks for help their working, nursing mothers maintain a breastfeeding relationship?

If this is something you are interested in, we recommend contacting your insurance company to request a pre-authorization of coverage.

The state's highest court could end a long dispute between the Town of Amherst and an insurance company over who gets $ 3.13 million in interest from a settlement paid out after a 2002 accident in Amherst State Park.

The Business Development and Marketing Manager of State Insurance Company (SIC - GH), Bernice Boachie, and the Director of Marketing and Communications at the Universal Merchant Bank, Ms Yvonne Botchey, expressed hope as the sponsors of the event that the tournament would inspire interest among many Ghanaians of the country's unique location with regards to tourism.

Why did a bunch of Connecticut lobbyists and state contractors — representing special interests ranging from utilities to banks, pharmaceuticals and insurance companies — recently contribute about $ 28,000 to the re-election campaign of Virginia's Democratic attorney general, Mark Herring?

«I love our community and I am fed up with lawmakers who put the interests of the NRA, the for - profit school industry, and insurance companies before the people they represent.

Breslin counters that his legislative record shows he's consistently fought for the public's interests over those of insurance companies.

* Create patient - driven grassroots movements and organizations to advocate effectively for the interests of patients with cancer to balance advocacy efforts of pharmaceutical companies, insurance companies, pharmacy outlets and hospitals.

As you might imagine, insurance companies are very interested in determining the safety of various automobiles.

Until the day comes where your insurance company only offers percent - based deductibles, it might be in your interest to take advantage of a low dollar - amount deductible in the event you have to file a claim.

It's in the insurance company's best interest, your best interest, and the best interest of all policyholders to make sure that any liability claim against a policy is properly defended.

• The borrowed funds are supposed to be used for outside investments that will generate a return in excess of the 10 % interest rate being charged by the insurance company.