California Earthquake Authority Board Expands Policyholder
Eligibility for Retrofit Grants
In Kimmelman, the policyholder
sought coverage for approximately $16,000 of stolen bitcoin.
Best considers it can to lead to an uneven distribution of profits and increasing policyholder
Summary: New Delhi [India], July 17 (ANI-NewsVoir): Max Life Insurance, one of the leading life insurance companies of India, announced bonus for its participating policyholders
. During the period July 1, 2018 to June 30, 2019, Max Life Insurance will be paying Rs.1,084 crore as policyholder
bonus on the participating policies in-force, an increase of 27 percent over Rs.
At the time, regulators believed that long-term care insurance premiums should stay the same for the lifetime of the policyholder
, and they resisted letting managers of American National or Penn Treaty Network America raise prices.
Upon indemnifying a policyholder
for a loss, an insurer generally has the right to recoup its loss by pursuing recovery from other entities or individuals who may be responsible for the policyholder
's damages in the first place.
Other jurisdictions have determined that recovery from a third-party is divisible, and where the policyholder
has been fully compensated for its losses that are covered by the policy, the principles behind the made whole rule have been satisfied.
QIIC achieved overall profits and policyholder
surplus of QAR 90.5 million ($24.8 million) in the first three quarters of 2015.
The SOA package includes spreadsheets showing how much different factors, such as age, sex, policy type, policyholder
underwriting class, and various health conditions, were to affect the likelihood that insureds would need assisted living facility care, home health care or nursing home care.
Political or country risks include the risk that a policyholder
's foreign customer, even if solvent and willing to pay, is unable to make payment because of some foreign government action preventing payment (i.e., an embargo), decisions regarding currency valuation, or war or insurrection.
The company will also review other claims filed in the same time period at a policyholder
's request, the Insurance Division said.