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The department also determines if services and benefits offered by companies are consistent with insurance policy provisions and Ohio law, reviews and approves more than 6,200 company filings per year for life, accident, health, managed care, and property and casualty policy forms and rates. The Director of Insurance, who is appointed by the ...
The Tort Trial & Insurance Practice Section (TIPS) is a 30,000-member section of the American Bar Association. It is a forum that unites plaintiff, defense, insurance, and corporate counsel. It aims to advance the civil justice system. The section is broken down into general committees, standing committees and task forces.
Insurance regulatory law is the body of statutory law, administrative regulations and jurisprudence that governs and regulates the insurance industry and those engaged in the business of insurance. Insurance regulatory law is primarily enforced through regulations, rules and directives by state insurance departments as authorized and directed ...
Legal protection insurance (LPI), also known as legal expenses insurance (LEI) or simply legal insurance, is a particular class of insurance which facilitates access to law and justice by providing legal advice and covering the legal costs of a dispute, regardless of whether the case is brought by or against the policyholder. Depending on the ...
Both sides (regardless of relative monetary resources) often have a strong incentive to settle to avoid the costs (such as legal fees, finding expert witnesses, etc.), the time and the stress associated with a trial, particularly where a trial by jury is available. Generally, one side or the other will make a settlement offer early in litigation.
At least 10 federal lawsuit claim Ohio National Life Insurance and its affiliates terminated contracts and stopped paying commissions to thousands of broker-dealers who sold its variable annuities.
The Ohio Senate Committees are the legislative sub-organizations in the Ohio Senate that handle specific topics of legislation that come before the full Senate. Committee membership enables members to develop specialized knowledge of the matters under their jurisdiction.
Masters is a specialist in the area of insurance law. [9] In 1997, she won a victory for plastics maker Hoechst Celanese in a landmark case. [24] [25] Her views on insurance law have been published in magazines and journals which cover insurance law [26] [27] including Benchmark Litigation, [28] Super Lawyers, [29] and Law 360 magazine. [24]