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Folksam International Insurance Company (UK) Limited (“Folksam UK”)

Folksam UK was a wholly-owned subsidiary of Folksam Holdings (UK) Limited ("Holdings"), which in turn was a wholly-owned subsidiary of Återförsäkrings AB Luap, a company incorporated in Sweden. Holdings was dissolved on 31 August 2011. The main business of Folksam UK was international reinsurance, with some direct business, specifically excluding life assurance and motor. The majority of creditors of Folksam UK are other insurance companies, Lloyd's underwriters and major US corporations. Approximately one third of Folksam UK's net underwriting liabilities are in casualty business, with one third in marine and the rest in property and aviation.

Category: Insurance Company


Corporate Recovery

Corporate Recovery and Insolvency can be a complex subject demanding technical knowledge as well as sound commercial judgement. It is a field in which McStay Luby has established a powerful reputation as one of Ireland's specialist practices. Our team is focused on providing straightforward solutions to all stakeholders. Our services include: Business Reviews/Business Turnaround Advice Receiverships Examinerships Schemes of Arrangement Liquidations Administrations Independent Business Reviews (Company) At the request of a lender, company director or shareholder, McStay Luby undertakes independent business reviews (IBRs).

Category: Insurance Company


Auto Insurance Codes

We realize that not everyone has taken the time to explore the resources we've posted on our website, so we thought we might highlight some here on our blog. From time to time, we get calls asking for the name of a company based on a company code. While we're more than happy to answer these calls, we do have links on our website to the Massachusetts, New York and New Jersey insurance company codes. While there may be other states that use auto insurance company codes, these are the three we get asked for most frequently. These codes are codes that are assigned by the department of motor vehicles (or, in Massachusetts, by the Commonwealth Auto Reinsurers).

Category: Insurance Company


Jobs | Amica Mutual Insurance Company

Discover our Future Leaders Program Amica Mutual Insurance Company, the nation’s oldest mutual insurer of automobiles, is headquartered in Lincoln, RI. We owe our success to our 3,300 employees in 43 offices across the country. Our goal is to hire and develop the future leaders of our company through our entry-level management positions. If you want to work for a company that has potential for growth and advancement, we have two great opportunities for you: entry-level management positions in our Sales and Client Services and Claims departments.

Category: Insurance Company


FindLaw's California Court of Appeal case and opinions.

 Gartenberg Jaffe Gelfand & Stein, Edward Gartenberg and Torgny R. Nilsson, Los Angeles, for Plaintiff and Appellant. Terrance W. Stowe, Irvine, for Defendant and Respondent. A successor trustee of an express trust (the trust) sued Fidelity National Title Insurance Company (Fidelity).   The complaint alleged Fidelity negligently breached its duties to the trust.   Fidelity obtained summary judgment.   The successor trustee timely filed this appeal.   We affirm the judgment.  IFACTSIn the mid-1980's Mr. Skouras, the trustee of the trust, sold three parcels of trust real property.

Category: Insurance Company


After ACE & Chubb Insurance Merger, Moodys Rates Colombian Subsidiary A3 Global / Aaa.co National

Moody’s Investors Service has affirmed the insurance financial strengths (IFS) ratings of Chubb de Colombia Compañía de Seguros S. A. after the completion of the ACE and Chubb merger by Switzerland-based Chubb Limited (NYSE: CB, formerly named ACE Limited). The merger created the largest publicly traded property and casualty insurance company in the world, according to Chubb. Though Ace acquired Chubb, Ace adopted the Chubb brand and the new company will be called Chubb going forward. According to Moody’s the IFS rating for Chubb Colombia reflects Moody’s view that the fundamental business and finances, along with support of the global parent will remain under the new entity.

Category: Insurance Company


FindLaw's United States Eighth Circuit case and opinions.

Before MURPHY, BYE, and SMITH, Circuit Judges. Gerald Joseph Nielsen, argued, Metairie, LA, Michael C. Waller, on the brief, Bismarck, ND. , Gerald Joseph Nielsen, on the brief, Metairie, LA, for appellant. Ariston Edward Johnson, argued, Watford City, ND, Thomas A. Dickson, on the brief, Bismarck, ND, for appellee. After their residential property was inundated by massive flooding in Bismarck, North Dakota during the spring of 2011, Thomas and Sherri Dickson filed a claim with their insurer, American Bankers Insurance Company of Florida, for the costs of removing trees and other debris which the flood had deposited on their land.

Category: Insurance Company


Insurance Info - Motor Insurance

            COVER TYPES   Third party cover Third party, fire & theft cover Comprehensive cover           Liabilities to third party for:         Injury     Death     Property loss/damage   Yes Yes Yes           Loss/damage to own vehicle due to accidental fire/theft   No Yes Yes           Loss/damage to own vehicle due to accident   No No Yes           Liability to driver and passenger of own vehicle (bodily injury, property, death)   No No No                         Your standard motor insurance policy does not cover:           Your own death or bodily injury; Your liability against claims from your passengers; Theft of non-factory fitted vehicle accessories (car stereos, leather seats, sports rims etc) unless otherwise declared.

Category: Insurance Company


Top 10 Insurance Companies in Pune, Agents, Brokers | Sulekha Pune

What are the Types and Features of Insurance Policies? Insurance has been around for a long time and, naturally, has undergone a lot of changes since its emergence in the 19th century. Insurance, on a fundamental level, can be looked at as a safety precaution and as a source of savings, made possible by the multiple features and options rendered by different insurance policies. So, here, let us take an in-depth look at some of the salient features of insurance policies and how, for some, insurance serves as a surety for their lives, and for others it serves as something more and different.

Category: Insurance Company


Tax accounting for insurance companies - PDF

1Tax accounting for insurance companies October 2012 A comparison of tax accounting under generally accepted and statutory accounting principles 2012 and beyond 2Table of contents Introduction. . . 4 US GAAP. . . 4 IFRS. . . 4 SAP. . . 5 The Q&A. . . 5 Model audit rule. . . 5 The GAAP foundation. . . 6 Current taxes. . . 6 Deferred taxes. . . 6 Income statement/surplus impact. . . 8 Other GAAP/SSAP 101 differences. . . 8 Common temporary differences and carryforward items. . . 9 Investments Unrealized gains/losses, market discount, impairments, and dividends.

Category: Insurance Company


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