Capital and Risk, Insurance, Regulations
November 2, 2021
Via: Insurance JournalIf the insurance policy calls for “prompt notice” of property damage after a storm, the policyholder cannot wait two years to file a claim, a federal court in Miami has ruled. In LMP Holdings vs. Scottsdale Insurance Co., the U.S. […]
October 23, 2019
Via: Banking TechnologyThe OCC’s charter, which aimed to give fintechs an alternative route to a banking licence without having to go through the state, was denied by the courts as the judge sided with the plaintiff and the superintendent of the New […]
October 29, 2018
Via: Insurance JournalAnother insurance company has gone to federal court in New Mexico to avoid paying millions of dollars in claims from victims whose trust funds and savings were embezzled. The Albuquerque Journal reported the Cincinnati Insurance Co., based in Fairfield, Ohio, […]
May 18, 2023
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