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New York Life Ins. Co. v. Dunlevy, 241 U.S. 518 (1916), was a decision by the Supreme Court of the United States in which the Court held that a court can exert personal jurisdiction over a nonresident party in an interpleader if that party is served with process while physically present within the state. [1]
New York Life Insurance Company (NYLIC) is the third-largest life insurance company [4] and the largest mutual life insurance company in the United States, [5] and is ranked #71 on the 2023 Fortune 500 list of the largest U.S. corporations by total revenue. [6] In 2023, NYLIC achieved the best possible ratings by the four independent rating ...
Toxic mold is a common cause of bad faith lawsuits, with about half of the 10,000 toxic mold cases in 2001 being filed against insurance companies on bad faith grounds. Before 2000 the claims were uncommon, with relatively low payouts. One notable lawsuit occurred when a Texas jury awarded $32 million (later reduced to $4 million).
The Hillmon lawsuit concerned the enforcement of a life insurance contract and the identity of a man who died of a gunshot wound near Medicine Lodge, Kansas. Sallie Hillmon - a young woman from Lawrence, Kansas - claimed that in late 1879, her husband John had been killed by a firearm accident at a desolate Kansas campsite called Crooked Creek.
The modern era of Anti-Injunction Act doctrine began in 1941, when the Supreme Court decided Toucey v.New York Life Insurance Co. [18] The case began when New York Life prevailed in federal court on Toucey's claim to collect monthly disability insurance payments.
William Armstrong, who spearheaded the investigation. The Armstrong Committee, formally the Joint Committee of the Senate and Assembly of the State of New York to Investigate and Examine into the Business and Affairs of Life Insurance Companies Doing Business in the State of New York was an investigation begun in late 1905 when the New York State Legislature initiated an investigation of the ...
The company was incorporated as Genworth Financial, Inc. on October 23, 2003. [4] In May 2004, it became a public company via an initial public offering. [7][8][9][10] GE sold its remaining stake in the company in February 2006 for $2.8 billion. [11][12][13] In June 2006, the company agreed to buy AssetMark Investment Services for $230 million.
181 Westchester Avenue LLC sued insurer Chubb North America on March 30, seeking to force Chubb to defend it against legal claims by former tenant Caro Home LLC. Twelve people are currently suing ...
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