Search results
Results from the WOW.Com Content Network
We are an insurance safety net and partner in the insolvency system, fairly serving the people of Texas in an efficient and cost-effective way. TPCIGA, Mission statement According to the Texas State Auditor's Office, the "Association's purpose is to pay, fairly and in a timely manner, valid insurance claims involving insolvent property and ...
The Barbara Jordan Building's entrance is off of the Texas Capitol Mall, a newly designed pedestrian space. The Texas Department of Insurance (TDI) regulates insurers and other companies that conduct insurance business in Texas, and assists Texas-based insurance consumers. TDI was founded in 1876 as the Department of Insurance, Statistics and ...
In early 2000, after an increase in the size of the business, it was determined that the insurance company's solvency was marginal, and a small asset price change could see the insurance company become insolvent. It did. Director Rodney Adler, CEO Ray Williams and others were sentenced to prison for fraudulent activity. Pacific Gas & Electric ...
In addition to Patrick Brockett's roles at The University of Texas at Austin, Dr. Brockett also served the state of Texas as a member of the Board of Directors of the Texas Property and Casual Guaranty Association from 1999 – March 2020, the organization that handles claims for insolvent Texas domesticated Property and Casualty insurance ...
Farmers may also pay to KRUS health insurance and diminished social insurance contributions (limited to sickness, maternity and accident insurance, but excluding the pension and disability insurance) for seasonal workers employed up to 180 days per year for harvesting fruits, vegetables, herbs, tobacco, hop, or flowers.
In fact, between 2020 and 2023, insurance premiums in the top counties for climate risk increased by 22%, the report finds; from 2017 to 2022, insurance premiums increased 40% faster than inflation.
Under the corporate insolvency laws of a number of common law jurisdictions, where a company has been engaged in misconduct or where the assets of the company are thought to be in jeopardy, it is sometimes possible to put a company into provisional liquidation, whereby a liquidator is appointed on an interim basis to safeguard the position of ...
Cash-flow insolvency involves a lack of liquidity to pay debts as they fall due. Balance sheet insolvency involves having negative net assets—where liabilities exceed assets. Insolvency is not a synonym for bankruptcy, which is a determination of insolvency made by a court of law with resulting legal orders intended to resolve the insolvency.