Sentences with phrase «potential claims their policy»

Insurance is a business, and although it would be nice for insurance companies to just leave rates at the same level all the time, the reality is that as a business they have a responsibility to make enough money to make sure they have the money to cover all the potential claims their policy holders may make.

Not exact matches

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.

Furthermore, it can be argued that confronting particular belief or non-belief claims with the potential of shaping individual behaviors (and at the larger scale, government policy, regulations, and laws) can, in fact, provide benefits.

Bootle MP Peter Dowd claimed the newcomers were copying his own party's policies anyway: «Reports suggest that the new party's «potential policy proposals include asking the rich to pay a fairer share of tax, better funding for the NHS and improved social mobility.»

Topics to be discussed include: Court Procedure: An understanding of the civil litigation process in New Jersey as it pertains to negligence claims; Damages: Understanding the standards for, and the differences between Compensatory and Punitive Damages; Facility Maintenance: Identifying potential safety hazards related to facilities and grounds, and taking reasonable steps to address common problems; Indemnification: Identifying when the school district is responsible for the actions of its employees, and when it may disclaim coverage; Insurance Coverage Issues: Understanding what is, and is not covered under a school district's insurance policy, and understanding whether your district will be allowed to choose its attorney or be required to utilize the attorney assigned by the Insurance Company; Negligent Supervision: Examples of school district negligence liability lie within the school, on the athletic field, in the locker room, and on school trips; Sovereign Immunity: Understanding the effect of the New Jersey Torts Claims Act on negligence claims against school distclaims; Damages: Understanding the standards for, and the differences between Compensatory and Punitive Damages; Facility Maintenance: Identifying potential safety hazards related to facilities and grounds, and taking reasonable steps to address common problems; Indemnification: Identifying when the school district is responsible for the actions of its employees, and when it may disclaim coverage; Insurance Coverage Issues: Understanding what is, and is not covered under a school district's insurance policy, and understanding whether your district will be allowed to choose its attorney or be required to utilize the attorney assigned by the Insurance Company; Negligent Supervision: Examples of school district negligence liability lie within the school, on the athletic field, in the locker room, and on school trips; Sovereign Immunity: Understanding the effect of the New Jersey Torts Claims Act on negligence claims against school distClaims Act on negligence claims against school distclaims against school districts.

This in turn prompted Mr. Goldhaber and Ms. Gordon to rebuke and state that it was imperative that the public understands what type of research was informing said policy claims and where and from whom educational institutions and think tanks receive funding from as there is greater potential for underlying evidential biases.

To make a long story short, when you apply for insurance in California, insurance companies calculate the money they stand to make on your policy versus the potential risk that they'll have to back that policy by paying out on claims.

Reporting Incidents which may become Claims The advantage of reporting a potential claim during the policy period when it happens, no matter how insignificant it may seem, is that later, if it does turn into a «claim,» the insurance company should respond even if the policy is no longer in force.

Former NASA administrator, M. Griffith, has always claimed its skepticism regarding AGW theory and recalled that the Agency's mission was to collect data for scientific community, not to promote policies for alleviating potential effects of climate change.

Even worse, opponents have undermined good efforts: Last November, Oregon voters dealt a potentially lethal blow to Portland's sprawl control when, in a state referendum, they ordered the city to begin to compensate developers who claim the policy costs them potential income.

Members may also tender potential claims (Section 5.3 of the Policy) via letter.

The advantage of having policies and contractual arrangements in writing is that it provides certainty, clarity and consistency and this can make a significant difference when dealing with any potential claims.

Our free consultation policy includes consultation on potential wrongful death claims.

The fact that there were other insureds under the policies and the fact that the potential existed for claims for indemnity to be made at some later point, did not provide a justifiable basis for the Primary Insurers to refuse to participate in the negotiations or to refuse to respond to the proposed settlement in a fair and prompt manner.

However, it clear that prior to drafting a particular CGL policy, an insurer should be fully cognizant of who the intended insured party is and what sort of potential claims they might face, before determining which type of policy should be drafted.

You can save money by buying a policy that covers a percentage of the total, but given the potential size of the claims, a plan that pays 100 % of the cost may end up saving you serious money.

In deciding whether to exercise its s 33 discretion, the court is also likely consider several other factors including: public policy; the value of the claim; and the potential for further litigation.

I can not stress how important it is for trial lawyers nationwide to be aware that these changes in Medicare policy are going to generate a lot of additional issues, and potential liability, when injury victims and their lawyers settle claims with a Medicare component.

Confidential (2016): instructed to advise Owner of yacht (lost in a fire / sinking) in relation to potential claim against Lloyd's Underwriters / brokers regarding alleged material non-disclosures and alleged failure to comply with insurance policy subjectivities

The impact of raising the small claims limit to # 5,000 for RTA - related whiplash claims, and of raising the small claims limit to # 2,000 for personal injury claims more generally, taking account of the planned move towards online court procedures and the potential impact of this policy on the role of claims management companies and on the operation of the market for «before the event» legal expenses insurance.

The bottom line is as follows: Whenever you are confronted with a claim or potential claim against your insurer, be sure to consider the two steps noted above, and also be sure to check the limitation period in the policy.

But if you need to be convinced, consider that failing to notify your liability insurer of a potential claim could have consequences beyond potential coverage issues under the policy, including the possibility that you could be found guilty of professional misconduct.

The requirement for insured lawyers to report potential claims to the insurer as soon as practicable upon becoming aware of circumstances which might result in a claim is not only part of every CLIA liability insurance policy, but also set out in the Law Society of Manitoba Rules and the Code of Professional Conduct.

While I caution lawyers that they need to ensure that their clients do not take advantage of them and their billing policies, you must also consider the potential waste of time and energy in fighting the client on the fee, not to mention the potential for a malpractice claim or the filing of a grievance.

Lawyers should also be alert to the potential for erosion of aggregate limits at the primary and excess level in the event a lawyer or firm faces a number of claims in the same policy period.

This plenary aimed to explore potential new types of claims that may lie ahead in international arbitration, and how arbitration in the future might become a forum for resolving disputes under new international and national laws, and new international policy.

And you may be denied coverage if you fail to timely report a potential claim (some policies define a claim very broadly).

There is a strong likelihood that your policy requires timely notification of a claim (or even a potential claim).

This is a great boon for insurance companies, who can offer coverage of potential claims, and sell policies to those with the means to afford the premiums.

Though the public policy behind statutes of repose is based on the policy judgment that a potential defendant should have no reasonable expectation of responsibility for injuries that occur after the passage of a number of years, the Court held that such a policy rationale does not apply to asbestos cases because: (1) the potential dangers associated with asbestos exposure were well known by 1971; and (2) the typical latency period from asbestos exposure to disease is much longer than the six - year window for filing personal injury claims under the statute of repose.

Once you are free to leave the scene of the accident or after you have received medical care, notify your own auto insurer of the accident and a potential claim against your policy.

If the damages caused in the accident are above and beyond the limits of the blanket fleet policy, your personal injury lawyer may be able to pursue a claim against other potential defendants.

The policy is a «claims made» policy, meaning lawyers must report all claims or potential claims during the policy period.

Moreover, many car insurance policies impose strict deadlines on policyholders to provide notice of a potential uninsured claim.

The court held, however, that an exclusion clause in an insurance contract should be construed narrowly, with the result that the general exclusion clause could not be interpreted as altering the parties» specific agreement that the Lloyds Policy covered potential claims identified in the Great American Notice.

The court determined that in answering question 6 (c) in the affirmative and providing Lloyds with a copy of the Great American Notice, Coventree Inc. ensured that Lloyds was aware of the potential claims that could be made during the Lloyds Policy period.

Lloyds, however, denied coverage to Coventree Inc. on the basis that while the Lloyds Policy included prior acts, it excluded the potential claims referred to in the Great American Notice.

Reporting of all potential claims is crucial to the claims - made policy and all insureds are asked to disclose incidents as soon as they are aware of them.

When you apply for a life insurance policy, you are essentially asking the insurance company to take on the potential financial risk of possibly paying a death claim on your life.

A renters insurance policy can pay for your defense and potential claim settlement.

By preventing these accidents before they happen, you can avoid potential liability claims against your business liability insurance policy.

In addition, general homeowners insurance policies may have more exclusions, further limiting when and how a potential claim is paid out.

If you fully recover from your disability and return to work, benefits will cease but the policy is still in effect to cover a potential future claim.

Motor vehicle insurance protects you from potentially huge costs in the event of an accident, so it's vital to have a policy that can take care of the potential liabilities and claims.

Capital Management — Insurance companies need to set aside funds to cover the eventualities of claims, in the case of high risk policies with high potential financial liabilities a reinsurance agreement will enable the company to manage some of this risk prudently and thus free up capital for other projects

Potential consequences of lying could mean the insurer later has cause to cancel your policy on grounds of material misrepresentation, Barry said, or if a loss occurs that's related to the lie, the insurer may not be required to pay that claim.

To make a long story short, when you apply for insurance in California, insurance companies calculate the money they stand to make on your policy versus the potential risk that they'll have to back that policy by paying out on claims.

Claims about all the potential benefits of cash value life insurance policies, are just that cClaims about all the potential benefits of cash value life insurance policies, are just that claimsclaims.

Additionally, the policy carries a $ 0 deductible, meaning the renter doesn't have to claim on their auto insurance policy, pay a hefty deductible, or risk potential premium hikes.»

Filing two or more claims within a short timeframe can result in even higher premium increases, or potential policy non-renewal.