Sentences with phrase «of liability insurance premiums»

Litigation: Proliferation of tort litigation and large settlements drove the cost of liability insurance premiums to excessive levels.

Not exact matches

«The Company's employment practices liability insurance retention has grown to $ 1 million from $ 350,000, causing an unacceptable level of risk for the Company, and the premiums for this insurance are well outside of industry standards,» the letter said.

The reciprocal insurer holds assets and liabilities, while the management company makes its money by selling malpractice insurance, and taking a percentage cut of the resulting premiums.

Insurance companies can contribute up to 100 percent of their insurance premium lInsurance companies can contribute up to 100 percent of their insurance premium linsurance premium liability.

C - Corporations, S - Corporations and insurance companies with an Arizona corporate income tax liability or insurance premium tax liability can redirect up to 100 % of that liability to a state approved School Tuition Organization and receive a dollar - for - dollar tax credit for their contribution.

Florida's Corporate Tax Credit Scholarship Voucher skirts the unconstitutionality problem (Bush v. Holmes) by allowing corporations to donate some or all of the taxes owed through corporate income taxes, insurance premium taxes, severance taxes on oil and gas production, self - accrued sales tax liabilities of direct pay permit holders and taxes on beer, wine and alcoholic beverages directly to one of the four Scholarship Funding Organizations (SFOs), who then manage and award the vouchers.

The credits apply to corporate income taxes, insurance premium taxes, severance taxes on oil and gas production, self - accrued sales tax liabilities of direct pay permit holders and taxes on beer, wine and alcoholic beverages.

Insurance can be modified to cover liability only if you own the vehicle outright saving hundreds or thousands of dollars a year in premiums.

The annual premiums below are based on auto insurance coverage that adds uninsured / underinsured motorist coverage, medical payments, and some comprehensive and collision protection in addition to the minimum insurance liability limits in the state of Virginia.

As you are considering purchasing insurance, consider a few factors: first, females generally cost less than males to insure; second, shop around for insurance companies that offer discounts for driver's education classes, good grades, and driving logs; third, as you are insuring teenage drivers, your premiums will be lower if the drivers are occasional drivers; fourth, teenagers have a high accident rate, so consider purchasing high liability coverage and lower comprehensive coverage; and fourth, the type of car teenagers drive — whether it is new, sporty, or exotic — will also determine the premiums.

The exact wording is below: «Upon thirty (30) days written notice to Resident, Landlord may alter rental payment to cover additional costs in operating the premises incurred by Landlord because of any increase in ad valorem property taxes, charges for the electricity, heating fuel, and water consumed at the property, or increases in premiums paid for liability, fire or worker compensation insurance.

The cost of insurance over decades of potentially increasing premiums, all the while ensuring the insurance policy is large enough to cover the income tax liability, is problematic (alternatively one can wait until later in life to insure and take a chance on whether they can still obtain insurance).

Sample auto insurance premiums assume our driver is a 30 year old single male owning his own vehicle, has excellent credit, and purchases basic liability coverage, slightly above what is required by the state of Florida.

Not only have the trends of employer sponsored health insurance been declining over the last decade, but the firms that do still provide a benefit have been changing the structure of the plans to reduce their liability / costs, shift premiums and costs to the retirees and spouses, and cap the coverage limits.

Self - employed taxpayers and other business entities can deduct business - related insurance premiums of any kind, including health and dental insurance premiums, as well as legal and liability coverage.

Renters insurance rates are typically lower than home owners premiums due to the nature of insurance: Renters insurance typically covers only the content of your rented property and, sometimes, liability.

A trampoline or pet is a recreational liability in the eyes of your insurance company and can cause your premiums to go up.

Washington, D.C. — Major auto insurance companies charge good drivers as much as 47 percent more for basic liability auto insurance if they don't own their home, according to a new analysis of premiums by the nonprofit Consumer Federation of America (CFA).

The cash value of a life insurance policy accumulates tax deferred, but if you surrender the policy, you'll incur an income tax liability for funds that exceed the premiums you have paid.

So much of other insurance policy premiums as are attributable to the liability to provide benefits referred to in section 295 - 460

Any insurance company or surplus lines broker that fails to pay the Insurance Premiums License Tax by the March 1 due date is subject to a ten percent penalty that shall be added to the amount of the unpaid tax linsurance company or surplus lines broker that fails to pay the Insurance Premiums License Tax by the March 1 due date is subject to a ten percent penalty that shall be added to the amount of the unpaid tax lInsurance Premiums License Tax by the March 1 due date is subject to a ten percent penalty that shall be added to the amount of the unpaid tax liability.

Renters insurance rates are typically lower than home owners premiums due to the nature of insurance: Tenants insurance in BC typically covers only the content of your rented property and, sometimes, liability.

Access to business liability insurance policies for all companion animal species through Business Insurers of the Carolinas (additional insurance premium required)

CRF is also designing an ingenious way to pay for the task of restoring the ice via the insurance industry, where fossil fuel industries would pay an extra premium that fairly reflects the climate change liability they cause.

The Recovery of Costs Insurance Premiums in Clinical Negligence Proceedings Regulations 2013 (SI 2013/92)(which will also be brought into force on the same date) further limit recoverability to liability or causation (and so not quantum) reports which were in fact obtained and the costs of which were allowed on assessment.

There was absolutely an increase in liability insurance premiums in the 1980s, although the cause of the liability insurance crisis in the 1980s remains disputed.

If a firm is approved for excess insurance with LAWPRO, factors which may affect the firm's premium include, for example, the number of lawyers in or working with the firm, the practice areas, the claims history of the firm lawyers, years in practice, size of practice and the limits of liability being sought.

A «buy - out» annuity is an insurance policy pursuant to which the liability to pay benefits is «transferred» to the insurance company upon payment of a single premium.

As a consequence of the substantial data relating to past claims patterns and costs, coupled with their own experience if they also underwrite liability insurance, ATE underwriters are particularly comfortable with the risks involved in professional negligence cases and are able to set premiums more accurately than in other dispute types.

Allen's representative work includes the successful defense of a multi-million dollar insurance coverage and rescission suit by Lloyd's of London; dismissal of a six - figure claim for retroactive premiums against the St. John Community Development Center; summary judgments (affirmed on appeal) against Essex Insurance Company and Liberty Mutual Fire Insurance Company for breach of their respective insurance contracts; trial verdicts against Allstate Fire and Casualty Insurance Company and Liberty Mutual for insurance bad faith; and numerous confidential five, six, and seven figure settlements reached in insurance disputes of all types (including residential and commercial property, commercial general liability, auto liability, errors and omissions, negligent procurement, and insurer bainsurance coverage and rescission suit by Lloyd's of London; dismissal of a six - figure claim for retroactive premiums against the St. John Community Development Center; summary judgments (affirmed on appeal) against Essex Insurance Company and Liberty Mutual Fire Insurance Company for breach of their respective insurance contracts; trial verdicts against Allstate Fire and Casualty Insurance Company and Liberty Mutual for insurance bad faith; and numerous confidential five, six, and seven figure settlements reached in insurance disputes of all types (including residential and commercial property, commercial general liability, auto liability, errors and omissions, negligent procurement, and insurer baInsurance Company and Liberty Mutual Fire Insurance Company for breach of their respective insurance contracts; trial verdicts against Allstate Fire and Casualty Insurance Company and Liberty Mutual for insurance bad faith; and numerous confidential five, six, and seven figure settlements reached in insurance disputes of all types (including residential and commercial property, commercial general liability, auto liability, errors and omissions, negligent procurement, and insurer baInsurance Company for breach of their respective insurance contracts; trial verdicts against Allstate Fire and Casualty Insurance Company and Liberty Mutual for insurance bad faith; and numerous confidential five, six, and seven figure settlements reached in insurance disputes of all types (including residential and commercial property, commercial general liability, auto liability, errors and omissions, negligent procurement, and insurer bainsurance contracts; trial verdicts against Allstate Fire and Casualty Insurance Company and Liberty Mutual for insurance bad faith; and numerous confidential five, six, and seven figure settlements reached in insurance disputes of all types (including residential and commercial property, commercial general liability, auto liability, errors and omissions, negligent procurement, and insurer baInsurance Company and Liberty Mutual for insurance bad faith; and numerous confidential five, six, and seven figure settlements reached in insurance disputes of all types (including residential and commercial property, commercial general liability, auto liability, errors and omissions, negligent procurement, and insurer bainsurance bad faith; and numerous confidential five, six, and seven figure settlements reached in insurance disputes of all types (including residential and commercial property, commercial general liability, auto liability, errors and omissions, negligent procurement, and insurer bainsurance disputes of all types (including residential and commercial property, commercial general liability, auto liability, errors and omissions, negligent procurement, and insurer bad faith).

The disputed additional liabilities were a success fee of # 319,000 and insurance premium of # 350,000.

Under existing policy, owners of nuclear power plants pay a premium each year for $ 375 million in private insurance for offsite liability coverage for each reactor unit.

Toronto, ON: September 25, 2003: Lawyers will be paying a base premium of $ 2,500 per lawyer for their professional liability insurance coverage in 2004, with some lawyers paying as little as $ 1,113, depending on the coverage options they select, their practice areas and years in practice.

[259] Concerns may arise about the potential increase in liability insurance premiums by the perceived health and safety risks of having people with disabilities on particular job sites.

We looked at sample auto insurance premiums for the minimum liability in the state of California and compared illustrative quotes for Titan / Victoria Fire to national insurers such as GEICO and Allstate.

Section 941 of the Oklahoma Insurance Code says that a company can not assign driving record points, cancel, refuse to renew or increase the premium rate for any motor vehicle liability or collision insurance policy for the reason that the insured has been involved in a motor vehicle collision and was not Insurance Code says that a company can not assign driving record points, cancel, refuse to renew or increase the premium rate for any motor vehicle liability or collision insurance policy for the reason that the insured has been involved in a motor vehicle collision and was not insurance policy for the reason that the insured has been involved in a motor vehicle collision and was not at fault.

Higher liability limits, as well as collision and comprehensive damage coverage requirements, often raise the cost of insurance premiums.

Colorado commercial liability insurance premiums are based on a number of factors including the types of service or products you provide, the number of people you employ, how long you've been in business, and your claims history.

Since the mid-1980s, Second - to - Die Life Insurance has become popular with wealthy couples as a method of offsetting their estate tax liabilities, or for creating larger legacies for a very small premium.

Ohio commercial liability insurance premiums are based on a number of factors including the types of service or products you provide, the number of people you employ, how long you've been in business, and your claims history.

Suicide Clause A standard policy provision in most states stating that, if the insured dies by suicide within a specified period of time (generally two years), the insurance company's liability will be limited to a return of premiums paid.

It wasn't until 1980 that the state of New York issued a mandate that would qualify any New York driver who completed a defensive driving course a 10 % liability insurance premium reduction.

For many carriers the difference in insurance premium between $ 100,000 NY auto insurance liability and $ 500,000 is very small ~ $ 50 — $ 100... Now of course that increase is depending on your unique risk so it's not guaranteed, but the possibility of increasing your coverage for such a small increase in premium is worth looking into...

If you present this certificate of completion to your insurance company or agent within 90 days after course completion, your liability and collision premium reduction will begin immediately.

You may be able to save hundreds of dollars simply by comparing quotes and switching to the company that will give you a good, cheap liability auto insurance policy with a low premium.

Successful completion of this defensive driving course entitles you to a mandatory 10 % reduction on your vehicle's liability, no - fault and collision insurance premiums.

Almost two - thirds of premium income in motor insurance derives from liability coverage.

You can adjust the type of coverage you want, ranging from liability to comprehensive coverage, and your auto insurance quotation will reflect the change in your premium rate.

The cost of adding an additional insured to a property or liability insurance policy is generally low, as compared to the costs of the original premium.

By completing either of these courses, the state program entitles you to reduce your driver violation point total by a maximum of four points, and save 10 percent on your automobile liability and collision insurance premiums.