Central bank head, Elman Rustamov, said that the nation is planning to remove insurance limits
on bank deposits.
Customers of banks would not have gotten hooked on the opium of higher deposit insurance limits
, and banks would not bear the burden of permanently higher deposit insurance costs," Isaac says.
Most contracting parties include "minimum" insurance limits
that must be carried while the contract remains in effect.
6, the United States Court of Appeals for the 4th District upheld a decision by the District Court for the District of Maryland that policies bought by Wallace & Gale after installations were complete do not subject the insurers to unlimited amounts of liability, but rather to the aggregate insurance limits
defined by the contracts.
finds that companies reduced their liability insurance limits
by an average of 6 percent in 2002.
The contract should require evidence that the contractor carries liability insurance and workers' compensation insurance at least equal to the primary liability insurance limits
the camp carries.
For such reasons, the Board has concluded that, should the Congress decide to lower deposit insurance limits
, a meaningful transition period would be needed.
Global Banking News-January 20, 2016--American International Group enhances global commercial property insurance limits
J&H Marsh & McLennan's annual study of liability insurance limits
is now available to FEI members at no charge.