Insurance World

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Can mortgage forgiveness result in a 1099 and if so, can you escape tax liability for mortgage forgiveness by being insolvent? Is the insolvency test by the IRS applicable if you have a foreclosure or short sale on investment properties?
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( Premises liability)There are about $ 20,000 in medical bills. Will the health insurance co file a lien against the at fault party’s insurance company or will they have a right to my settlement. Also, the at fault party has $ 5000 in med pay coverage. Would my health insurance be [...]

I have a car loan, but can’t afford the payment now. Selling it is not enough to pay off principle. A company specializes in finding buyers to take over car payments. I am still on the title, but the buyer will purchase full insurance, and indemnify me from liability. But since I am still the [...]

I am just beginning to create contracts for babysitting, I have done it before but I am making them more professional. And I pretty much know for the most part what the liability form is, it is incase a child gets injured. But does it benefit the babysitter in way that if a child gets [...]

After their temporary bonhomie over the Women’s Reservation Bill, the Opposition gears up to take on the Government today over the N-Bill.
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Technorati Tags: 24×7, Bill, India, liability, NDTV, Nuclear, Opposition, Parliament, women

I would like to start watching children in my home during the day for extra money, but my husband says that our landlord won’t let us because of liability on them. Is this true and what can I do to make them not liable in case of an accident/problem/legal issue?
Talk to an insurance agent. They [...]

In relation to a employer/employee relationship what is "common law" vicarious liability?
One place to look:
http://en.wikipedia.org/wiki/Vicarious_liability
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I am now stationed in Germany and my insurance company doubled my premium. I checked my coverage and I’m being covered for 7.5 Million Euros per accident which they promise is the minimum liability they can offer. I checked a different insurance company and their rate said 100 Million Euro minimum liability. I’m looking for [...]

http://townhall.com/blog/
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Technorati Tags: acme, Barack, insurance, Obama

It say’s I have $50,000 personal liability coverage for my renters insurance. What does that mean?
This would be for anything you are found legally liable for. Such as something you did or failed to do that caused injury. This would be for non-motor vehicle related incidents (that is what auto insurance liability is [...]