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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The Progressive Era lasted from the 1890s to the 1920s focusing on many different issues. During the Progressive Era women played a key part in trying to make changes in their political rights and making advancements in progressivism. “Equal Rights” was not what it seemed to be‚ women of course had their freedom but they necessarily didn’t have the freedom to vote like that of men. There are so many different things that led to women getting involved in the Progressive Era. Before women’s suffrage
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civil war‚ the US was facing many problems. These problems put the American public at risk and offended others. Something had to be done. This period in US history was called the Progressive era. Labor laws‚ women’s suffrage‚ and the US government were all reformed during the late 1800’s and the early 1900’s. The Progressives‚ middle class reformers‚ believed in abolishing all the harsh treatment and abuses that came with the growth of businesses. Muckrakers were people who informed the public about
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The Progressive Presidents Kenneshea Q Alexander George Aleman HIS 204 15 March 2013 It has been said that the Presidential election of 1912 was the most Progressive in the US history. This election was held on November 5‚ 1912 of which democrat Woodrow Wilson defeated Bull Moose as well as candidate and former Republican president Theodore Roosevelt and Republican incumbent president William Howard Taft. We ask ourselves what or who were Progressives? According to a statement by Roosevelt
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criteria which should be considered in an analysis of their own policy.A 12 page overview of the world of automobile insurance. Choosing adequate automobile insurance can be one of the most cost effective things an individual can do in this modern age. Not only can automobile insurance This 6 page paper provides an overview of the basic management strategies of the USAA insurance company. This paper considers the management perspective and strategy‚ as well as the operational function of the company
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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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For several years‚ the auto insurance industry relied on personal relationships that were built between local insurance agents and their local customers (Lewins & Davis‚ 2002). However‚ the way consumers seek auto insurance is changing possibly due to advances in technology. In today’s society‚ technological changes are constantly evolving. It is important for a company such as GEICO to adapt to consumer’s demands for the latest technology. The internet and website capabilities are just one
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Executive Summary As a Fortune 150 company with a 45-year history in the health industry and more than eleven million members under its wings‚ Humana has become one of the largest health benefit company in the U.S. With its slogan‚ “Guidance when you need it most”‚ Humana has gain their success through their diverse business units‚ outstanding wellness program and reliable customer service. The company is basically operates through two business division: government and commercial. The government
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Before the Progressive Era women found themselves in traditional roles raising the family and keeping the families moral compass pointing in the proper manner. Many of them never considered life outside of them home‚ as this was how they were raised. In the advent of the beginning years of the Progressive Era with many of the largest companies controlling the largest chunks of America’s financial interests these same women were looking outside. By this I mean‚ the very important job they had raising
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“A Discussion on the products of Pragati Life Insurance Ltd” Introduction: Life insurance or life assurance is a contract between the policy owner and the insurer‚ where the insurer agrees to pay a designated beneficiary a sum of money upon the occurrence of the insured individual’s or individuals’ death or other event‚ such as terminal illness or critical illness. In return‚ the policy owner agrees to pay a stipulated amount at regular intervals or in lump sums. There may be designs in some
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