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4 Jun 2010, 1:41 pm
These systems generally involve (1) reducing the percentage of injured individuals who hire an attorney by quickly contacting such individuals, building rapport with them, and making early (and low) settlement offers; (2) using main-office-controlled computer programs to provide low "recommended" claim settlement values to their adjustors; and (3) implementing a policy of vigorously litigating with injured individuals who do not accept the insurer's low-ball… [read post]
30 Sep 2010, 7:14 am by Steven M. Gursten
” Miller letter to medical provider of No-Fault insurance benefits Personal injury attorneys in attendance are invited to access the full documentation from the seminar by becoming a fan of Michigan Auto Law on Facebook. [read post]
7 Jan 2018, 9:10 pm by Julitza Perez
Puerto Rico statutes have also established that services provided by public adjusters to an insured... [read post]
19 Mar 2012, 6:59 am
Such a finding solidifies courts’ standing in placing responsibility on insurance companies to provide accurate assessment of insurance coverage and risk. [read post]
21 Mar 2011, 7:52 am
Case law adds the stipulation that, in most cases, an insurer's failure to provide this notice will result in an automatic renewal of the policy. [read post]
11 Aug 2016, 4:57 pm by Kevin LaCroix
  Many public company D&O insurance policies these days have provisions providing “pre-claim inquiry” coverage. [read post]
2 Jul 2011, 3:30 am by Nicole Vinson
Recently, I was provided a summary of the complaint information in the 2010 report that is more reader friendly. [read post]
18 Sep 2014, 6:00 am by Steven V. Buckman
"Claims made policies are often a more economical way to provide coverage for risks like professional responsibility, because the notice requirements allow an insurer to ‘close its books’ on a policy at the expiration date and thus ‘attain a level of predictability unattainable under standard occurrence policies. [read post]
18 Sep 2014, 6:00 am by Steven V. Buckman
"Claims made policies are often a more economical way to provide coverage for risks like professional responsibility, because the notice requirements allow an insurer to ‘close its books’ on a policy at the expiration date and thus ‘attain a level of predictability unattainable under standard occurrence policies. [read post]
3 Dec 2009, 12:25 am
 ' " CORPORATE UPDATE:  Forbearance Agreements Provide Breathing Space Thursday, December 3, 2009 By Alan M. [read post]
20 Oct 2008, 6:04 pm
  The insurer argued that it would be unfair to require it to assume all of the cost of the defence as the majority of the claims and associated costs would be attributable to issues for which coverage would not be provided under the policy. [read post]
5 Mar 2022, 11:07 am by Cari Rincker
Even if they choose to not remain in the home, the life insurance can provide valuable assets during what is usually an emotionally difficult time. [read post]
13 Dec 2011, 2:53 pm
Indeed, Florida courts have concluded that appraisal clauses are "preferred, as they provide a mechanism for prompt resolution of claims and discourage the filing of needless lawsuits. [read post]
18 Jul 2008, 12:37 pm
  At policy delivery there are two possibilities:  one is that money was collected and a conditional receipt or temporary insurance agreement provided. [read post]
17 Oct 2008, 1:00 pm
He said that the name of the game was collecting premiums and that there would typically be a ratio of 2/3 collection to 1/3 payout. [read post]
10 Jul 2011, 12:58 pm by Daniel Schwarcz
 Insurance payments for damage to a dwelling are generally meant to restore the underlying property to its undamaged state, or at least to a reasonably usable state (when the policy provides ACV loss settlement). [read post]
5 Sep 2014, 10:47 am by Benjamin S. Persons, IV
On September 3, a federal appeals court asked the Georgia Supreme Court to clarify whether an insurance company must pay out “uninsured motorist” (UM) benefits for an accident caused by an agent of the State of Georgia. [read post]
23 Feb 2011, 10:31 am by brittania
Six insurers have agreed to an approximately $1 million fine and provide audits of their future activity to Washington state regulators who accused them of repeatedly violating state insurance laws. [read post]