Sentences with phrase «which liability insurers»

Not exact matches

Amid so much growth potential, it's unclear how insurers will underwrite the liability for open - sourced digital designs, which could be altered and customized.

I / WE HEREBY RELEASE, WAIVE, DISCHARGE AND COVENANT NOT TO SUE the CHICAGO SPORT & SOCIAL CLUB, INC. («CSSC») and its affiliates (CSSC and its affiliates are referred to collectively as the «CLUB»), the sufficiency of which consideration is expressly acknowledged, and intending to be legally bound, do hereby, for myself, my heirs, executors, administrators, insurers, assigns, attorneys, representatives, agents, beneficiaries, legatees, representatives, successors, assigns and any other persons who may make claims on my behalf (collectively the «RELEASORS») OR ALL SPORTS SERIES / PARK DISTRICT OF HIGHLAND PARK / WINDY CITY FIELD HOUSE / CHICAGO PARK DISTRICT / FITNESS FORMULA CLUBS (FFC — UNION STATION) / URBANA PARK DISTRICT / MADISON PARKS ORGANIZATION / ABUNDANT LIFE CHRISTIAN SCHOOL / LANSING PARKS / CITY OF BLOOMINGTON / UNIVERSITY OF MICHIGAN / CHICAGO PUBLIC SCHOOLS — LAKE VIEW HIGH SCHOOL / CAMP OJIBWA / AUSTIN PARKS AND RECREATION facilities used by the participant, including its owners, managers, promoters, lessees of premises used to conduct the event or program, premises and event inspectors, underwriters, consultants and others who give recommendations, directions, or instructions to engage in risk evaluation or loss control activities regarding the CHICAGO SPORT & SOCIAL CLUB, INC. («CSSC») and its affiliates (CSSC and its affiliates are referred to collectively as the «CLUB»), the sufficiency of which consideration is expressly acknowledged, and intending to be legally bound, do hereby, for myself, my heirs, executors, administrators, insurers, assigns, attorneys, representatives, agents, beneficiaries, legatees, representatives, successors, assigns and any other persons who may make claims on my behalf (collectively the «RELEASORS») OR ALL SPORTS SERIES / PARK DISTRICT OF HIGHLAND PARK / WINDY CITY FIELD HOUSE / CHICAGO PARK DISTRICT / FITNESS FORMULA CLUBS (FFC — UNION STATION) / URBANA PARK DISTRICT / MADISON PARKS ORGANIZATION / ABUNDANT LIFE CHRISTIAN SCHOOL / LANSING PARKS / CITY OF BLOOMINGTON / UNIVERSITY OF MICHIGAN / CHICAGO PUBLIC SCHOOLS — LAKE VIEW HIGH SCHOOL / CAMP OJIBWA / AUSTIN PARKS AND RECREATION facilities or events held at such facility and each of them, their directors, officers, agents, employees, all for the purposes herein referred to as «Releasee»... FROM ALL LIABILITY TO THE UNDERSIGNED, my / our personal representatives, assigns, executors, heirs and next to kin FOR ANY AND ALL CLAIMS, DEMANDS, LOSSES OR DAMAGES AND ANY CLAIMS OR DEMANDS THEREFORE ON ACCOUNT OF ANY INJURY, INCLUDING BUT NOT LIMITED TO THE DEATH OF THE PARTICIPANT OR DAMAGE TO PROPERTY, ARISING OUT OF OR RELATING TO THE EVENT (S) CAUSED OR ALLEGED TO BE CAUSED IN WHOLE OR IN PART BY THE NEGLIGENCE OF THE RELEASEE OR OTHERWISE.

Sen Jim Seward's version of the bill, which received the backing of insurers and car - hail apps, has a $ 50,000 liability insurance for «death and bodily injury per person» and $ 100,000 for «death and bodily injury per incident» during phase one.

«[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.»

A liability claim may fall outside the scope of the policy, in which case the insurer would likely send a reservation of rights letter telling you that any defense they provide does not guarantee that coverage will apply.

According to Alexi Maravel, associate director at Cerulli, the way a particular insurance company is reacting to a likely interest rate hike depends on its business line: «Life insurance companies, which control the largest amount of insurance general account assets and have to match long - duration liabilities with long - duration assets, are making investment adjustments to their surplus assets, while, on the other end of the spectrum, we find health insurers are raising liquidity.»

My concern with life insurers is different at present because I don't trust the reserving of secondary guarantees, which are promises made where the liability can not easily be calculated, and where the regulators are behind the curve.

While the second subparagraph of Art 13 permits an insurer to exclude liability to indemnify those «who voluntarily entered the vehicle which caused the damage or injury, when the insurer can prove that they knew the vehicle was stolen» that is not the same as taking without consent under cl 6.1 (e)(i) or proscribing any insurance indemnity for such persons.

She exclusively serves people who have suffered physical and psychological harm through motor vehicle accidents, medical malpractice, occupiers» liability, and other forms of negligence, as well as people whose insurers have failed to provide them the coverage to which they are entitled.

Among them are (1) the late service of expert reports or (2) the defendant's insurer taking a no - liability or defensible position, which may result in the insurer being unprepared to make a settlement offer at mediation.

Notably, our insurance group possesses demonstrated expertise in the defence of professional liability claims throughout Manitoba, an area in which our services are sought out by leading regional and national insurers.

The Insurance Bureau of Canada issued a warning in fall 2014 that drivers who did not have commercial coverage on their cars were in violation of their personal insurance policies, which could result in the insurer denying the driver benefits following an accident or having inadequate liability coverage.

In fact, thanks to the standard of modified comparative negligence, which allows liability to be split among multiple parties in an accident, insurers have all the motivation in the world to keep you in the dark.

, which allows liability to be split among multiple parties in an accident, insurers have all the motivation in the world to keep you in the dark.

(b) hold himself, herself or itself out as an adjuster, investigator, consultant or otherwise as an adviser, on behalf of any person having a claim against an insured or an insurer for which indemnity is provided by a motor vehicle liability policy, including a claim for Statutory Accident Benefits.

These are no longer enforceable, but the insurer may list information of which the truth is critical and a condition precedent to insurer's liability (such as LMA Model Clause 5253).

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.

Traveler's Insurance Company just tried to avoid liability for a general contractor's subcontractor work... nearly 20 years after the insurance industry itself specifically said GCs and their insurers were liable if «the damaged work or the work out of which the damage arises was performed on your behalf by a subcontractor.»

For reasons which are not fully explained in the judgment the insurers pleaded their claim on a narrow basis (that charterers had a liability to owners, which in turn enables charterers to claim down the line); a point emphasised by both Lord Sumption and Lord Mance.

Supreme Court Finds Insurers Liable From Onset of Construction Defect Pre-Suit Process,» discusses the ramifications of the recent decision by the state's highest court holding that the pre-litigation notice and repair process for construction defect cases does indeed constitute a claim which general liability insurance carriers must recognize.

Represented professional liability insurer seeking to rescind policy issued to reinsurance company as a result of claims made against reinsurer for improperly calculating collateral requirements and wrongfully failing to release collateral, which claims were known to reinsurer at time of professional liability renewal policy application.

As a result the liquidators of companies which hold D&O insurance cover will usually file a liability claim against the D&O s and their Insurers while drafting their claim in a way that will fall under the D&O s insurance policy.

There are laws in Massachusetts and in most other states, which require insurers to deal fairly with claimants, and when liability is clear, the insurer must make reasonable offers of settlement.

Whether or not your case settles out of Court of not depends on a variety of factors, including but not limited to liability, damages, causation, pre-accident health, insurance coverage issues, credibility of the Plaintiff, likeability of the Plaintiff and which insurer you are dealing with.

They are not paid pursuant to Part 6 of the Regulation, which describes third - party liability insurance coverage; they are paid, rather, by the Disabled Employee's insurer as first - party benefits.

Pool Re is a UK - backed reinsurer «of last resort» which has retained # 4.5 bn in assets specifically earmarked to cover the Games, providing a facility for insurers to reinsure commercial property liabilities for terrorism claims in excess of their self - insured retention.

For the purpose of this section, an «uninsured motor vehicle» shall be a motor vehicle as to which there is no bodily injury liability insurance and property damage liability insurance in at least the amounts specified in subsection (c) of G.S. 20 - 279.5, or there is that insurance but the insurance company writing the insurance denies coverage thereunder, or has become bankrupt, or there is no bond or deposit of money or securities as provided in G.S. 20 - 279.24 or 20 - 279.25 in lieu of the bodily injury and property damage liability insurance, or the owner of the motor vehicle has not qualified as a self - insurer under the provisions of G.S. 20 - 279.33, or a vehicle that is not subject to the provisions of the Motor Vehicle Safety and Financial Responsibility Act; but the term «uninsured motor vehicle» shall not include:

And you have an accident which results in $ 10,000 worth of liabilities, you insurer will only pay $ 5,000 and you will have to make up the outstanding balance yourself.

Traditionally, liability insurance was written on an occurrence basis, meaning that the insurer agreed to defend and indemnify against any loss which allegedly «occurred» as a result of an act or omission of the insured during the policy period.

An insurer's insolvency protection shall be applicable only to accidents occurring during a policy period in which its insured's uninsured motorist coverage is in effect where the liability insurer of the tort - feasor becomes insolvent within three years after such an accident.

Business Owners (BO), General Liability (GL) and Workers» Compensation (WC) policies purchased through the Progressive Advantage ® Business program are sold through Progressive Specialty Insurance Agency, Inc. and underwritten by select insurers which are not affiliated with Progressive and are solely responsible for claims.

The duty to defend is prevalent in the United States and Canada, where most liability insurance policies provide that the insurer «has the right and duty» to defend the insured against all «suits» to which the policies apply.

Bodily Injury (BI): BI is a type of liability insurance for the injuries you cause in an accident, which means your insurer pays on your behalf to the other party in an accident you are at fault for.

The solvency ratio is derived out of the solvency margin (available solvency margin to required solvency margin) which is basically the amount by which the assets of the insurer exceed its liabilities.

The revised Motor Vehicles Act, which is yet to be tabled in Parliament, limits liability at Rs 10 lakh; which insurers said would help contain losses.

The statute requires all insurers, which on or after January 1, 1980 file with this Department any revised motor vehicle liability insurance rates or rating plans for use in this state, to submit with such filing an accident prevention / premium reduction program.

Chapter 685 of the Laws of 1979 adds a new Section 176 (7) to the Insurance Law, which requires motor vehicle liability insurers to «provide for an appropriate reduction in premium charges for any insured for a three year period after successfully completing a motor vehicle accident prevention course, known as the Defensive Driving Course, administered by the National Safety Council.»

MEDICAL PAYMENTS COVERAGE - A general liability coverage in which the insurer reimburses without regard to the insured's liability.

So between a driver's mandated coverage (personal injury protection, property protection, and residual bodily injury and property damage liability coverage) and the Michigan Catastrophic Claims Association — which is a special fund set up to cover what insurers won't — victims of a crash receive unlimited medical coverage for as long as they need it.

Your uninsured motorist coverage limits must be equal to those of your liability coverage (see above) UNLESS you ask for a lower limit; in which case, you must get and sign a rejection form from your insurer.

A liability claim may fall outside the scope of the policy, in which case the insurer would likely send a reservation of rights letter telling you that any defense they provide does not guarantee that coverage will apply.

Insurers say that much of the increase is boosted by the rise in liability cost, which makes up half of a premium rate.

While the third - party insurance (which covers your liability towards a third party) is mandatory for all vehicles, insurers typically offer a comprehensive car insurance policy that bundles what is called an «own damage» cover.

Because an insurer may have an obligation to at least defend a lawsuit in which excluded claims such as those based on mold or fraud are joined with other covered issues, you should immediately put your professional liability insurance carrier on notice from the date you first become aware of a possible malpractice claim against you.