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24 Jun 2021, 12:58 pm by Anthony Carbone
Additionally, it is illegal for insurance companies to deny an insurer a settlement if they are entitled to damages. [read post]
21 Oct 2020, 3:37 pm by Christopher Hoffmann
As profit-based companies, they will do everything they can to spend as little money as possible, even if it means reducing the amount of money you are entitled to. [read post]
27 Sep 2010, 3:07 pm
All of this legal wrangling is easy for the insurance companies. [read post]
2 May 2022, 11:29 am by admin
Chapter 93A, if a court finds that an insurance company willfully or knowingly employed unfair and deceptive claims settlement practices, then an injured party can recover double or even triple their damages from the insurance company. [read post]
24 Feb 2011, 12:38 am
In the recent case of Sharon's Bakery (Europe) Ltd v (1) AXA Insurance UK PLC (2) Aviva Insurance Ltd [2011] EWHC 210 (Comm), the High Court was asked to consider whether the defendant insurers were entitled to avoid an insurance policy on the grounds of material non-disclosure by the claimant, Sharon's Bakery, and whether all benefit under the policy had been forfeited due to the use of fraudulent means or devices to promote the claim.The… [read post]
3 Mar 2015, 3:50 am by Chip Merlin
The CBS 60 Minutes documentary, The Storm After The Storm, called insurance company lawyers, "Dogs on a Leash. [read post]
31 Jul 2019, 1:09 pm by Cross & Smith
Insurer Interests Oppose Those of Policyholders The foundational issue that drives an insurer’s adverse decisions is the fact that the insurance company gains an advantage when their policyholder fails to secure the payout to which they’re entitled by their coverage. [read post]
1 Oct 2022, 5:07 am by lainie.little@thomsonreuters.com
Reason 1: Insurance company profits Insurance companies are in business to make money, not pay out claims. [read post]
15 Dec 2016, 10:10 am by Evan Schwartz
First-party bad faith specifically refers to the contract between you/your business and the insurance company (as opposed to the insurance company paying a claim made against you or your business from a third party). [read post]
16 Sep 2021, 8:50 am
Here are the steps you need to take to protect yourself so that you receive all the compensation you are entitled to for your injuries.Understand the Common Ways the Insurance Company Could Be Spying on YouThe first thing you need to do to protect yourself is to understand why the insurance company would want to spy on you and the common surveillance tactics they may use. [read post]
9 Mar 2016, 8:25 am by Daily Record Staff
Contracts — Insurance policy — Express terms This case arises out of an insurance coverage dispute between appellant, Jonathan Feldman (“Feldman”), and appellee, Fidelity and Deposit Company of Maryland (“F&D”). [read post]
20 Jan 2017, 10:00 pm by Chip Merlin
Rarely do insurance commissioner bulletins warn insurance companies of paying too much or that consumers are not entitled to insurance benefits. [read post]
9 Feb 2021, 9:04 am by ricelawmd_3p2zve
What to Do If You Are Given an Extremely Low Settlement Offer Countering an Insurance Company’s Accident Settlement Offer Rejecting an Insurance Company’s Accident Settlement Offer Should a Car Accident Lawyer Handle Further Negotiations With the Insurance Company? [read post]
5 Aug 2011, 6:00 am
  Motorcycle passengers with injuries are usually also entitled to money settlements from insurance companies to compensate them for losses that are in excess of first party medical benefits.The money that is usually used to pay injured motorcycle accident victims does not come from the driver of the motorcycle. [read post]