Insurer

A licensed insurance agent, and the insurer she represents, owe a duty of care to a customer to explain coverages but neither the agent nor the insurer has a fiduciary duty to an insured under Connecticut law.

It can be hard, in general, to detect the magnitude of the economic loss borne by households and businesses and the loss that a particular insurer bore after the reinsurer compensated the P&C insurer.

When his insurer's lodged a claim against the other driver's insurer, he stated that he suffered a whiplash-type problem in the form of a shoulder blade injury.

The Florida Department of Financial Services was appointed as the receiver and the insurer’s more than 90,000 policyholders were moved to the state-run insurer Citizens or placed in the private market.

What kind of relief customers will get will vary from insurer to insurer.

Generally, when an excess line insurer writes a policy, it must, pursuant to state laws, provide disclosure to the policyholder that the policyholder's policy is being written by an excess line insurer.

In insurance, a manuscript policy is one that is negotiated between the insurer and the policyholder, as opposed to an off-the-shelf form supplied by the insurer.

The insurance transaction involves the insured assuming a guaranteed and known relatively small loss in the form of payment to the insurer in exchange for the insurer's promise to compensate the insured in the event of a covered loss.

An Ageas spokesperson said the its data 'includes all calls even if a customer has contacted us to check whether they have cover, or called in error to talk about a policy they hold with another insurer'.

An estimated £36million was spent on pest control visits to homes, the insurer found, with each council shelling out, on average, £101,044.

As already discussed above, look to work with an insurer that has done its homework in this domain and is willing to shoulder much of the financial burden.

As a result of the ‘conspiracy,’ Ford was overcharged for the commercial health insurance products it purchased from the insurer’s entities, the company said.

But her carefully laid plans ground to a halt at the last minute when her Medicare Advantage insurer, Aetna, denied approval for the routine, vision-saving surgery most older adults need at some point.

Cosby challenges an arbitration decision that mandated he pay $6.7 million in legal fees – $4.3 million of which had already been paid, $2 million by Cosby and $2.3 million by his insurer, AIG.

Demonstrating its commitment to green energy assets, Aviva is already a leading provider of insurance for renewable energy in the London Market with an ambition to become the number one insurer of renewable energy in the UK by 2027.

Each time his doctors recommended a different combination of drugs, his insurer denied the initial request before eventually approving it.

Eagle Re is a newly formed Bermuda special purpose insurer and is not a subsidiary or affiliate of Radian Guaranty.

Financial services company Vesttoo said on Tuesday it was laying off about 75% of its staff and closing some offices in Asia, as it tries to recover from a scandal over a fraudulent letter of credit used as collateral in a transaction with an insurer.

For smaller increases, a policyholder can submit a written request and the insurer must provide a rationale.

For the past year, drivers are complaining in online forums such as Reddit and Facebook about higher premiums, delayed quotes, questionable insurer behavior and more.