Sentences with phrase «received by an insurer»

The number of personal injury claims received by insurers leapt 72 % between 2002 and 2010.

The number of bodily injury claims received by insurers rose by 72 % between 2002 and 2010 · Excessive legal costs.

The report, Tackling the Compensation Culture, said the number of personal injury claims received by insurers rose 72 % between 2002 and 2010, and that people got more compensation, typically an extra # 289, quicker if they dealt with an insurer rather than a lawyer.

(8) A document referred to in paragraph 2 of subsection (7) is deemed to be received by the insurer to whom it is addressed on the later of,

A document referred to in paragraph 1, 2 or 3 shall be deemed not to have been received by the insurer to whom it is addressed, if it is delivered to the insurer otherwise than as specified in the Guideline.

On maturity, a lump - sum amount along with Assured Sum and guaranteed accrued is received by the insurer.

The number of claims received by the insurer also includes fraudulent claims and misrepresentations.

The Claim Settlement Ratio refers to the percentage of the total number of claims settled and resolved in a certain year to the claims that have been received by an insurer in a year.

The ratio is arrived by dividing the total number of death claims received by the insurer to the total number of them the insurance company has settled.

With regards to claim settlement and investigation, insurers have to adhere to the following: 1) Once the claim is received by the insurer, the insurer has to raise all claim requirements (documentation) within 15 days.

Not exact matches

The suit alleges that the health insurer received excess Medicare payments by providing misleading and inaccurate information about the health status and associated costs of plan holders.

Typically, they will only receive the amount of money you had paid in premiums plus interest (interest rates vary by insurer).

Effective January 1, 2013, Insurance Law § 2612 also requires a health insurer, as defined in that section, to accommodate a reasonable request made by a person covered by an insurance policy or contract to receive communications of claim - related information by alternative means or at alternative locations if the person clearly states that disclosure of the information could endanger the person.

In January 2009, then - New York Attorney General Andrew Cuomo announced the settlement of an investigation into the method used by certain health insurers to determine reimbursements for patients who received care from out - of - network providers.

As there are sometimes disputes about liability after the event the form that you receive will be used by both solicitors and insurers.

One of the most pressing concerns is the fate of the roughly 200 patients receiving treatment at Sloan - Kettering, which contracted with no other insurer offered on the state's health exchange, created by the Affordable Care Act.

The indictment added to the accusations by claiming that Adam Skelos received more than $ 100,000 in payments and health benefits from a medical malpractice insurer.

The first is a 14 - percent tax on for - profit insurers, which Cuomo justifies by saying these companies recently received a windfall thanks to the Republican tax plan recently signed into law, H.R. 1 (115).

Unexpected additions in the speech include legislation to ensure sufferers of mesothelioma, a cancer caused by asbestos, will receive funds where no liable employer or insurer can be traced, and a defence reform bill which will seek to improve the way defence equipment is procured.

The owners of said car will usually receive a payout from the insurance company at which point the insurer takes ownership of the car and assesses the damage - branding it with a categorisation from Cat A to Cat N. Cat A cars have suffered irreparable damage such as a catastrophic fire and will never be sanctioned by authorities for road use again.

«[E] ach policy of aircraft accident liability insurance... shall specify that it shall remain in force, and may not be replaced, canceled, withdrawn, or in any way modified to reduce the minimum standards set forth in this part, or to change the extent of coverage by the insurer or the carrier, nor expire by its own terms in regard to coverage for the carrier in its common carrier operations in air transportation, until 10 days after written notice by the insurer (in the event of replacement, by the retiring insurer), or by the insurer's representative, or by the carrier to the Department... which 10 - day notice period shall start to run from the date such notice is actually received at the Department.»

You are receiving disability income provided by either a private insurer or the government and are guaranteed this income for life.

Mortgage insurers are required by law to build contingency reserves, meaning that in addition to the capital our companies are required to hold against the risk we insure, a portion of every premium dollar received is reserved specifically for emergencies on a countercyclical basis.

This just means that, in the case that you died during the first 2 years of coverage, unless your passing was considered to be an accidental death by the insurer your beneficiaries would only receive a minor payout (the sum of your premium payments with 7 % interest compounded annually).

Most insurers generally reduce your benefits by the amount of any SSDI benefits received.

A beneficiary designation form is a legal document and will be used by the insurer to determine who will receive the death benefit if you pass away during the period of coverage (as well as how much they will receive).

An approved short sale transaction is a short sale transaction that has been approved by all relevant parties, including the servicer, other affected lienholders, or insurers, if applicable, and the servicer has received proof of funds or financing, unless circumstances otherwise indicate that an approved short sale transaction is not likely to occur.

Trip cancellation / interruption coverage: When you charge your trip fare to this card you will receive secondary trip cancellation / interruption up to $ 1500 that isn't covered by your primary insurer.

While the insurer is not under any obligation to «cash out», your client is entitled to receive benefits for as long as he needs them and as long as he meets the test set out in the legislation and interpreted by the arbitrators and the courts.

Investigation should begin as soon as the insurer receives a completed application for accident benefits by a cyclist or pedestrian.

Once you have negotiated a settlement of your personal injury claim with the at - fault driver's insurance company, you will be sent a Release document by the insurer, along with a letter asking you to sign the Release and return it before receiving your settlement check.

By definition, the paid up value of a life insurance policy is the value an owner receives from the insurer upon default or surrender or early termination of the policy before its maturity or the insured's death.

Oral evidence under oath by the sender of the email that the printouts submitted as evidence are printouts of emails that were sent to the insurer, or received from the insurer, would be sufficient, unless challenged.

If the notice is given in connection with a proposal, recommendation or suggestion that the insured person receive goods or services from a person named by the insurer, the insurer shall also comply with any applicable Guideline.

(6) The insurer shall begin payment of attendant care benefits within 10 business days after receiving the assessment of attendant care needs and, pending receipt by the insurer of the report of any examination under section 44 required by the insurer, shall calculate the amount of the benefits based on the assessment of attendant care needs.

If the attendance of the insured person is not required, the insured person and the insurer shall, within five business days after the day the notice under subsection (5) is received by the insured person, provide to the person or persons conducting the examination such information and documents as are relevant or necessary for the review of the insured person's medical condition.

(9) If an applicant is required by an insurer to submit an additional application in respect of a benefit that the applicant is receiving or may be eligible to receive, the applicant shall submit the additional application to the insurer within 30 days after receiving the additional application forms from the insurer.

Probably the most significant driver of these proposals has been the acceptance by government of the complaint by motor insurers that they are on the receiving end of a tsunami of RTA personal injury claims, the bulk of which they say are trivial, exaggerated and / or fraudulent.

(13) An insurer that is deemed by subsection (8) or (9) to have received a document, other than an invoice to which subsection 49 (1) applies, shall in the manner and within the time required by the Guideline provide the central processing agency with the following information, which may include personal information:

(3) If a Guideline specifies that invoices are to be delivered to a central processing agency on behalf of insurers to whom the Guideline applies, each of those insurers that receives an invoice that complies with subsection (1) shall report the following to the central processing agency in the manner and within the time required by the Guideline:

(3) Within 10 business days after receiving an application under subsection (1) prepared and signed by the person who conducted the assessment or examination under subsection (2), the insurer shall give the insured person,

(b) the insurer may, if the person is receiving an income replacement or caregiver benefit, give the person notice that the insurer intends to collect the amount by reducing each subsequent payment of the benefit by up to 20 per cent of the amount that would otherwise be the amount of the benefit.

Obtained numerous favorable verdicts and settlements for insurers in pursuing claims arising out of fires caused by halogen lamps, including several high profile fires that received considerable publicity.

Specifically, if an insurer withholds catastrophic benefits until it receives an OCF - 19, then it could be faced with a massive interest award from the date the catastrophic impairment arose (not the date the OCF - 19 was submitted or accepted by the insurer).

(7) If an insurer determines that an insured person is not entitled to receive a specified benefit by reason of clause (6)(a), (c) or (d), the insurer shall give the insured person a copy of its determination,

(a) the insured person and the insurer shall, within five business days after the day the notice of the examination under subsection (4) or (7) is received by the insured person, provide to the person or persons conducting the examination all reasonably available information and documents that are relevant or necessary for the review of the insured person's medical condition; and

(4) If the insurer determines that the person is not entitled to receive any specified benefit by reason of clause (2)(a), (c), (d), (e) or (f), the insurer shall give to the insured person a copy of its determination.

When you sue someone for car accident related injuries in BC, the defendant (most often times insured by ICBC) can argue that due to the operation of s. 83 of the Insurance (Vehicle) Act, he should not have to pay any money covering benefits you could have received from ICBC as your own insurer.

(b) if the person is receiving an income replacement or caregiver benefit, the insurer may give the person notice that the insurer intends to collect the repayment by deducting up to 20 per cent of the amount of the benefit from each payment of the benefit.

(5) For the purposes of clause (4)(b), the insurer and the insured person shall be deemed not to agree in the case of a designated assessment described in subsection 43 (11) unless they agree by the end of the third business day after the day the insurer receives the notice under subsection (2) or the insured person receives the notice under subsection (2), whichever day is later.