HIH Insurance Liquidation and Breach of Duty by Directors Background There are few surprises when it comes to insurance‚ but when they do come; they nearly always bring bad news. Such was the demise of HIH Insurance Limited (HIH): both a surprise (to many) and very bad news for many policyholders. On Thursday‚ 15 March 2001‚ HIH received approval from the NSW Supreme Court to place HIH into provisional liquidation. Tony McGrath of KPMG was appointed as provisional liquidator to HIH and 17
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considerable experience in the field of Produce‚ United Insurance Brokers have structured an extensive wording specifically for companies involved with Perishable Goods. Growers‚ producers‚ buyers‚ packers‚ shippers and any business with an interest in Produce and Perishable Goods may benefit from this Cover. Our knowledge of the Produce sector tells us that coverage‚ product valuation and claims service are of paramount importance. The United Insurance Brokers Perishable Goods Cover addresses all
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Zach Aaronson November 18‚ 2011 Professor Albert Auster COMM 1011-L02 Introduction to Media Industries The Popular Music Industry and the History of the Billboard Charts Once upon a time it used to be easy to calculate the success and popularity of a recording artist‚ song‚ or album. For most of the 20th century people bought records‚ then tapes‚ and then CDs and these sales represented how many people were listening and loving any given musician. Combined with radio requests and radio
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INSURANCE LAW |CHAPTER 1. LEGISLATIVE REGULATION OF INSURANCE | |Insurance industry is HUGE and has very low regulation. Why should it be regulated? People have little ability to negotiate terms ( adhesion K – thus‚ the regulation comes as a matter of public policy. Ambiguity resolved in | |favor of the insured
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Mayelin Acevedo Paper #1 Assignment Insurance Fraud and PIP Automobile fraud has increased in the past years costing insurance companies millions of dollars in fraudulent claims. Further‚ this cost is being passed to consumers through increased insurance premiums. Insurance fraud is committed through staged accidents‚ fake medical treatment‚ and billing for services not rendered. PIP (Personal Injury Protection) is the primary target of auto insurance fraud in Florida. PIP was implemented
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ANSI Standard Pipe Chart “ The Everbright（China）Stainless steel pipe co.‚ ltd. (EBSS) and it represents have made every effort to ensure that the information presented in this paper is technically correct. However‚ neither the EBSS nor its member companies warrants the accuracy of the information contained in this paper or its suitability for any general and specific use. The EBSS assumes no liability or responsibility of any kind in connection with the use of this information. The reader is advised
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Vladeck stated in his article‚ Medicare helps in reducing poverty for the elderly and disabled by just transferring income from working-age persons to retired or disabled former workers. There are two parts in financing of Medicare. Part A (hospital insurance) comes from payroll taxes paid on and by all workers in the U.S. labor force. Individuals who have paid into the social security system for ten years are automatically enrolled in Part A upon reaching their sixty-fifth birthday. If the individual
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BSBINN601 TASK 1 1. Create a flow chart by using the headings to demonstrate the change management cycle. Flow Chart 4. What is the purpose of reviewing existing policies and practices against the strategic objectives? The monitoring and reviewing of all the procedures and policies regularly is very essential. The management team of the organization must take the responsibilities of recognizing and identifying the changes that are required to be done in the policies in order to increase
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CDM in CHARTS Updated to the EB72 Ver. 22.0 (Apr‚ 2013) Edited by Kazuhisa KOAKUTSU‚ Akiko FUKUI Climate and Energy Area Institute for Global Environmental Strategies (IGES) With supports from Ms Kaoru Nishimura IGES Ms. Nishimura‚ This document aims to provide a comprehensive and easy-to-understand description of the clean development mechanism (CDM). It should be noted that this document does not replicate in the exact manner all the texts agreed upon in the international negotiations
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When it comes to commercial truck insurance‚ make sure you have the right coverage to ensure you and your employees are taken care of in the event of an accident. Liability Insurance This type of coverage protects you from the cost of medical injury or property damage resulting from an accident caused by you or a company employee in an insured vehicle. Policies usually list separate limits for bodily injury and property damage. With commercial truck insurance‚ many agencies will offer a single
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