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McGee v. International Life Insurance Co., 355 U.S. 220 (1957), was a case following in the line of decisions interpreting International Shoe v.Washington. [1] The Court declared that California did not violate the due process clause by entering a judgment upon a Texas insurance company who was engaged in a dispute over a policy it maintained with a California resident.
Reputational damage is the loss to financial capital, social capital and/or market share resulting from damage to an organization's reputation. This is often measured in lost revenue, increased operating, capital or regulatory costs, or destruction of shareholder value. [1]
A false accusation is a claim or allegation of wrongdoing that is untrue and/or otherwise unsupported by facts. [1] False accusations are also known as groundless accusations, unfounded accusations, false allegations, false claims or unsubstantiated allegations.
Suspicious, the insurance companies began to investigate the Hillmon claim. [6] At this time, life insurance fraud was not uncommon — there had been several cases in which people had bought large amounts of insurance, killed someone, and disguised the corpse as the policy holder, who would be somewhere in hiding. [10]
Insurance bad faith is a tort [1] unique to the law of the United States (but with parallels elsewhere, particularly Canada) that an insurance company commits by violating the "implied covenant of good faith and fair dealing" which automatically exists by operation of law in every insurance contract.
You may be able to take out a life insurance policy on someone else if you have the following relationships, as long as you would suffer a financial loss or undergo a financial hardship if they ...
New England Life Insurance Company (in 1905) was one of the first specific endorsements of the right to privacy as derived from natural law in US law. Judith Wagner DeCew stated, "Pavesich was the first case to recognize privacy as a right in tort law by invoking natural law, common law, and constitutional values." [7]
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