Claim Costs definition

Claim Costs means any and all losses, damages, costs, penalties and expenses arising from or related to a Claim, including actual legal (on a solicitor and his own client basis), accounting and expert costs and expenses incurred in the investigation, defence or settlement of a Claim;
Claim Costs means the amounts paid out by the insurer to or on behalf of a claimant in relation to a claim or the legal costs (including disbursements) of the claimant relating to the claim as the result of the final settlement or verdict in relation to a claim (not the insurers general administration costs).
Claim Costs shall have the meaning set forth in Section 5.1(a)(ii).

Examples of Claim Costs in a sentence

  • Unproven Mining Claim Costs Cost of acquisition, exploration, carrying and retaining unproven properties are expensed as incurred.

  • Class E Employers: Those employers who pay for the costs of the workers compensation system based on their payroll and Claim Costs Experience.

  • Cost Relief: The process of moving claim costs from the Claim Costs Experience of the Class E Employer to collective cost pools.

  • Cost Transfer: The process of moving claim costs from the Claim Costs Experience of the Accident Employer to another employer.

  • Cost Transfer: The process of moving claim costs from the Claim Costs Account of the Accident Employer to another employer.


More Definitions of Claim Costs

Claim Costs means all benefits, including disability payments, medical services, vocational costs (except self-employment), claim disposition agreements in accordance with ORS 656.236, disputed claim settlements in accordance with ORS 656.289, administrative costs, as well as attorney fees awarded to the worker or the worker's beneficiaries.
Claim Costs means all reasonable and documented out-of-pocket costs and expenses (including but not limited to any benefit payments, allocable administrative costs and reasonable and documented attorneys’ fees and costs of the type customarily incurred by Remainco in the ordinary course of business consistent with its administration of workers compensation claims for Remainco employees) incurred by Remainco or any member of the Remainco Group in connection with the Spinco Employee Pre-Closing WC Claims.
Claim Costs means the amounts paid out by the insurer to or on behalf of an applicant or a claimant in relation to an application and / or claim or the costs (including disbursements and legal expenses) relating to the application and / or claim as the result of defined benefits, common law settlement or verdict (not the insurers general administration costs).
Claim Costs means and includes all Liabilities and/or Expenses suffered or incurred by Purchaser, or that would have been suffered or incurred by Purchaser but for Seller’s assumption of defense of Claims, in respect of employees or customers of Purchaser who allege that they have suffered
Claim Costs means and includes all Liabilities and/or Expenses suffered or incurred by Purchaser, or that would have been suffered or incurred by Purchaser but for Seller’s assumption of defense of Claims, in respect of employees or customers of Purchaser who allege that they have suffered injury or damage by reason of the release, loss, or disclosure of Personally Identifiable Information. “Notification Costs” means and includes any and all Liabilities and/or Expenses suffered or incurred by Purchaser in investigating whether notification of individuals is required and the preparation and delivery of notices to individuals and the provision of credit monitoring services. “Personally Identifiable Information” means and includes any information that alone or in combination with other information relates to a specific, identifiable individual person. By way of illustration and not limitation, “Personally Identifiable Information” includes individuals’ names, personal identification numbers such as Social Security or Social Insurance Numbers, credit card numbers, home telephone numbers, home address, driver’s license numbers, account numbers, personal email addresses, and vehicle registration numbers. Specific information that can be associated with Personally Identifiable Information, such as a user ID, shall also constitute Personally Identifiable Information. For example, an individual’s age alone is not Personally Identifiable Information, but if such age were capable of being associated with one or more specific, identifiable, individuals then such age would be deemed Personally Identifiable Information. Personally Identifiable Information also includes the fact that an individual has a relationship with Purchaser.
Claim Costs means for purposes of the Deedcosts of an insurer on a claim”. Clauses 5 and 6 of the statutory deed are at the centre of the current dispute; they provide, so far as is relevant:
Claim Costs has the meaning set forth in Section 1.2.5 at this Agreement.