Sentence examples for policyholder claims from inspiring English sources
Senator Grassley has asked the largest long-term care insurers, including Genworth Financial, Conseco and Penn Treaty American Corporation, to provide detailed information on how policyholder claims, inquiries and denials are handled and whether employees receive rewards for denying claims.
The House Committee on Energy and Commerce has asked Conseco and the Penn Treaty American Corporation, two of the nation's largest sellers of long-term care insurance, to produce documents showing how the companies market long-term care policies and handle policyholder claims.
Brown added that shareholders should understand that the company has no problem covering all policyholder claims.
A policyholder claimed his car had been stolen following a mugging.
Insurance assets are held to secure policyholders' claims and are not supposed to be encumbered or pledged.
The Court of Appeals decision, in a 5-to-2 vote, turned on whether approval of the split by the state insurance superintendent had precluded the bank policyholders' claims.
In depositions and interviews, current and former employees at Conseco, Bankers Life and Penn Treaty described business practices that denied or delayed policyholders' claims for seemingly trivial reasons.
The top-ranking Republican on the Senate Finance Committee has asked 11 long-term care insurance companies to explain "troubling data" regarding how policyholders' claims are handled and paid.
"Dinallo found that the transaction was 'fair and equitable,' " Justice Kapnick wrote, because it would leave MBIA Insurance "solvent and that those policyholders' claims would be paid as they came due".
The writers say court records in some states show that property insurers "systematically deny and reduce" their policyholders' claims and routinely refuse to pay market prices for homes and replacement contents and "use secret tactics to cheat homeowners".
State Farm sued Mr. Hood in September to keep him from reopening a criminal case or continuing grand jury hearings over charges that the company fraudulently handled policyholders' claims after Katrina.
