This is a reinsurance case involving Laurier, an insurer of Extendicare, and its reinsurance carrier, Employers. In 2002 Laurier, Extendicare’s insurer, settled a wrongful death case and allocated $2.5 million to alleged negligence at Extendicare’s Alpine location during 1996. Laurier sought indemnification from Employers which was denied. Employers claimed Laurier’s failure to give prompt notice of the claim prejudiced it and that prejudice due to failure to give due notice is presumed under Florida law. The issue at bar was whether Florida law governed the contract. The court adopted the Magistrate’s recommendation in part, finding that Florida choice of law rules applied, but found that Florida would apply the doctrine of Lex Loci Contractus. The case was remanded to the magistrate to determine the location of contract execution.
The Veteran's Administration (the VA) makes long-term care support available for qualifying veterans in several…
On November 8, Medicare announced the 2025 premiums and Co-Pays. The standard monthly premium for…
Before a guardian or the personal representative of an estate takes office, he or she…
In Georgia, when actions are filed in Probate Court, some people must be notified before…
What is Form 1041 used for? If an estate or trust has gross income of…
IRS Form 56 is used to notify the IRS of the creation or termination of…