Resources
BNET Business Dictionary
- Insurance
- in financial markets, hedging or any other strategy that reduces risk while permitting participation in potential gains
- Insurance definition on BNET »
BNET Resources
- sort by:
- Relevance
- Date
- Popularity
- Congoleum Corporation Announces Insurance Settlement
- MERCERVILLE, N.J. -- Congoleum Corporation (AMEX:CGM) announced today that it has reached a settlement agreement with another of its excess insurance carriers over coverage for asbestos-related claims. Congoleum has entered into a settlement agreement with Century Indemnity Company and its affiliates ("Century"). Subject to various requirements set forth in the...
- Research articles 2006-08-22
- Texas antitrust settlement has national impact. (Insurance Services Office to change how policy forms are approved nationwide)
- Texas Antitrust Settlement Has National Impact AUSTIN, Texas - The Insurance Services Office will change its policy forms decision-making process nationwide as a result of an antitrust suit settlement reached with Texas state officials. "ISO Texas Antitrust Settlement Has National Impact ...
- Research articles 1991-04-08
- D&O carriers hit for $26.5 million: Lloyd's, AIG Cos. pay bulk of Silverado settlement with FDIC. (Directors and Officers insurance; Federal Deposit Insurance Corp.; Silverado Banking, Savings and Loan Association, American International Group)
- D&O Carriers Hit For $26.5 Million A hefty $49.5 million settlement has been agreed upon in the $200 million suit brought by the Federal Deposit Insurance Corp. against directors and officers of Silverado Banking, Savings and Loan Association, iD&O Carriers Hit For $26.5 Million...
- Research articles 1991-07-01
Additional Resources
- MMC Comments on Settlement Agreement with the National Association of Insurance Commissioners
- NEW YORK -- Commenting on the settlement agreement announced today by the National Association of Insurance Commissioners NAIC, Michael G. Cherkasky, president and chief executive officer of Marsh & McLennan Companies, Inc. MMC, said: "We are pleased to have reached this agreement and express our appreciation to Commissioner Kreidler, NAIC...
- Research articles 2005-09-21
- Blue Cross and Blue Shield of Colorado reaches settlement agreement with plaintiffs in two class-action lawsuits
- DENVER--BUSINESS WIRE--March 9, 1995--Blue Cross and Blue Shield of Colorado announced Thursday that the company has reached a settlement agreement with the plaintiffs in two class-action lawsuits involving the method by which subscriber co-insurance payments have been calculated by Blue Cross and Blue Shield of Colorado.
- Research articles 1995-03-09
- Court Advisor Recommends Missouri Blue Cross Settlement Agreement Not Be Approved in Its Present Form, But Asks Court to Withhold Ruling, Urges Further Discussion
- ST. LOUIS--BW HealthWire--Feb. 10, 1999--Blue Cross and Blue Shield of Missouri, parent company of RightCHOICE Managed Care, Inc. (NYSE:RIT), today announced that a Special Master appointed by the Circuit Court of Cole County, Missouri, had recommended that the proposed Settlement Agreement among Blue Cross and Blue Shield of Missouri, RightCHOICE...
- Research articles 1999-02-11
- Some details of antitrust settlement must be worked out. (In re Insurance Antitrust Litigation settlement)
- The settlement agreement in the case known as "In re Insurance Antitrust Litigation" consists of three main provisions: * A May 27 agreement by foreign defendants--including 15 London market reinsurers and Lloyd's syndicates--to contribut The settlement agreement in the case known as "In re...
- Research articles 1994-10-17
- UnumProvident Reaches Settlement with California Department of Insurance; 'Changing Landscape' May Impact Cost, Availability of Disability Insurance in State
- CHATTANOOGA, Tenn. -- UnumProvident Corporation (NYSE: UNM) today announced that three of its insurance subsidiaries have entered into a settlement agreement with the California Department of Insurance, concluding a market conduct examination and investigation of the subsidiaries' disability claims handling practices. As part of the settlement, UnumProvident has agreed to...
- Research articles 2005-10-03
- Nationwide settlement will not halt related lawsuits. (Nationwide Mutual Insurance Co. settles with US Justice Department over racial discrimination in homeowners insurance market)
- A settlement agreement announced last week between Nationwide Mutual Ins. Co. and the U.S. Justice Department over redlining allegations will not stop the progress of numerous related lawsuits, and may actually engender new litigation, plaintiff att A settlement agreement announced last week between Nationwide ...
- Research articles 1997-03-17
- RightCHOICE Managed Care and Missouri To Finalize Settlement.
- RightCHOICE Managed Care, Inc., its parent company, Blue Cross and Blue Shield of Missouri, the Missouri Attorney General and the Missouri insurance department have finalized a settlement agreement announced on April 22, 1998. RightCHOICE Managed Care, Inc., its parent company, Blue Cross and ...
- Research articles 1998-10-05
- Sport-Haley, Inc. Announces Settlement With Former Auditors
- Sport-Haley, Inc. (NASDAQ: SPOR) ("Sport-Haley" or the "Company") today announced that on February 13, 2006, it entered into a settlement agreement to resolve all pending claims between Sport-Haley and its former auditors and certain of its former auditors' current and former members. Pursuant to the terms of the settlement agreement...
- Research articles 2006-02-14
- A second look: UnumProvident is poised to reopen and reconsider more than 215,000 denied disability claims.(Legal Insight)
- Disability insurers have a kinder and gentler approach to claims, and this trend is likely to continue now that the largest writer of disability insurance in the United States has inked a 48-state multistate settlement agreement offering to reopen 21 Disability insurers have a kinder and...
- Research articles 2005-05-01
- POLICYHOLDER RESTITUTION.(News)(Prudential Insurance Co. of America's settlement with Eliot Spitzer)(Brief article)
- Under Prudential Insurance Co. of America's settlement with New York Attorney General Eliot Spitzer last week, the insurer agreed to pay a total of $19 million in fines and restitution. The settlement agreement requires that Prudential: * Pay the state of New York a...
- Research articles 2006-12-18
- Allstate Reaches Settlement in Texas Insurance Scoring Lawsuit
- NORTHBROOK, Ill. -- Allstate Insurance Co. and plaintiffs in the case of Jose DeHoyos, et. al. vs. Allstate Insurance Co., et. al. have reached a settlement agreement, which was preliminarily approved today by United States District Judge Fred Biery.
- Research articles 2006-06-02
- SCOR : World Trade Center Compensation Settlement: SCOR Will Refer Its Reinsurance Contract With Allianz to Arbitration
- Agreements concerning the World Trade Center were signed on 23 May between Silverstein Properties and various insurers, including Allianz. SCOR is a reinsurer of Allianz Global Risks U.S. Insurance on this property & casualty insurance policy. SCOR considers that the Allianz settlement agreement does not respect the terms and...
- Research articles 2007-05-24
- Unitrin Announces Settlement with the Kemper Insurance Companies, Estimated Hurricane Charley Losses and Gains on Sales of Investments
- CHICAGO -- Unitrin, Inc. (NYSE:UTR) today announced that it has agreed to settle in full its obligation to pay future variable purchase price components and performance bonuses related to its purchase of the personal lines property and casualty insurance business from the Kemper Insurance Companies. The agreement also settles certain...
- Research articles 2004-08-23
- Florida Insurance Department, Firm Reach Agreement on Mold Coverage.
- By Dale K. DuPont, The Miami Herald Knight Ridder/Tribune Business News Dec. 18--The Florida Department of Insurance and Florida Farm Bureau Insurance Cos. on Tuesday reached an agreement on mold coverage, one of the prickliest issues facing homeowners and insurers. ...
- Research articles 2002-12-18
- NetFRAME reaches tentative litigation settlement and revises third quarter results
- MILPITAS, Calif.--BUSINESS WIRE--Nov. 9, 1995--NetFRAME Systems Inc. (NASDAQ:NETF) announced today it has reached a tentative settlement of its class action lawsuit, whereby the company will pay approximately $2.2 million, net of insurance proceeds, to settle the litigation.A final settlement between the plaintiff and the company is subject to execution of...
- Research articles 1995-11-09
- MMC Reaches Settlement Agreement with New York State Attorney General and Superintendent of New York State Insurance Department
- NEW YORK -- Marsh & McLennan Companies, Inc. MMC today confirmed an agreement with the New York State Attorney General and the Superintendent of the New York State Insurance Department that resolves the actions that were commenced against MMC and Marsh Inc. As a result of this agreement, the company...
- Research articles 2005-01-31
- Deal with Texas Costs Farmers Insurance $100 Million.
- Houston Chronicle Knight Ridder/Tribune Business News Dec. 1--AUSTIN, Texas--It's the largest property and casualty insurance settlement in the history of Texas, but it's less than half the restitution state officials promised to collect for consumers. Saturday, state officials worked out...
- Research articles 2002-12-01
- << Previous
- page 1 of 1
- Next >>
