Explore the Category

Interest on insurance awards

23 March 2016

The Supreme Court of Appeal has ordered an insurer to pay interest from the date upon which the indemnity should have been furnished rather than the date the insured issued a summons.

Policyholder can assign benefits without consent

17 March 2016

A Florida appeals court held that a homeowner could assign the benefits under her insurance policy to an emergency water mitigation company without the insurer’s consent. According to the property policy “assignment of this policy will not be valid unless we give our written consent”.

Who is the “user” of an insured vehicle?

16 March 2016

A US construction worker was fatally shocked while repairing a bridge. He was working on a platform scissor-lift mounted on a truck owned by his employer construction company. He was working on a bridge owned by New Jersey Transit.

Challenge to regulations and other regulatory action

15 March 2016

We have been reminded again that regulations that are unreasonable and irrational can be challenged under the Promotion of Administrative Justice Act (PAJA). Regulations are made under empowering provisions in the governing law, have a direct external legal effect on the parties they apply to, and adversely affect the rights of persons in the industry concerned.

quick poll

Question

The strongest deterrent against FSP compliance missteps is or should be:

Answer

A criminal conviction Debarment Fine or penalty Any of the above can work

View the Results