A Fort Worth insurance attorney will want to know about specific cases and the way the courts handled the cases. Here is an example of a case that is not seen very often. The style of the case is, Bekins Moving & Storage Co. v. Williams. This is a Texarkana…
Articles Posted in Delay in Paying Claim
What Kinds Of Companies Are Under The Prompt Pay Statute
Fort Worth insurance law attorneys need to know what insurance companies fall under the Prompt Pay statutes of the Texas Insurance Code. The Prompt Payment of Claims Act applies to all insurance companies, except those specifically exempted. The statute provides the following exemptions: 1) a stock life, health, or accident…
Who Can Make A Claim For An Insurance Company Not Paying On Time?
Fort Worth insurance lawyers should be able to discuss with their clients when a claim is not being paid timely and who can hold the insurance company for failing to pay the claim in a timely manner. Under the Prompt Payment of Claims statutes, Section 542.051 tells us a “claimant”…
Dallas insurance attorneys should know about the Prompt Payment of Claims Act
Dallas insurance attorneys should know about the Prompt Payment of Claims Act. It is found in Chapter 542 of the Texas Insurance Code. This statute imposes deadlines for an insurance company to acknowledge, investigate, and accept or reject a claim. An insurance company that violates the statute is liable for…
What Happens When The Insured Does Not Submit To An Examination Under Oath?
Fort Worth insurance lawyers should know about insurance policy provisions that require an examination under oath (EUO). The Houston Court of Appeals [14th Dist.] issued an opinion in May 2013, that helps to understand the process. The style of the case is, Arman A. Shafighi v. Texas Farmers Insurance Company.…
Delay In Paying Claim
Mineral Wells attorneys who handle insurance claims need to be aware of the laws regarding the payment of insurance claims. The Texas Insurance Code, Sections 542.051 – 542.061 is known as the Prompt Payment of Claims Act. These sections detail the time limits insurance companies have for responding to and…
DELAYS IN PAYING CLAIM
Fort Worth insurance lawyers and those in Lake Worth, Saginaw, North Richland Hills, and other parts of Tarrant County need to know the rules governing how an insurance company is suppose to pay a claim. The Insurance Law Section of the State Bar of Texas published an article that is…
Delay In Paying Claim – When Does It Happen?
Fort Worth insurance attorneys and those in Arlington, Burleson, Benbrook, Grapevine, Saginaw, Lake Worth, Crowley, and other places in Tarrant County need to know when an insurance company can be held liable for a delay in paying a claim. The Texas Supreme Court issued an opinion in 2004, that deals…
Is Late Payment Of A Claim, Bad Faith Insurance?
Most people in Weatherford, Mineral Wells, Aledo, Azle, Willow Park, Hudson Oaks, and other places in Parker County would have a hard time understanding what constitutes “bad faith” in insurance. But most would believe that being late in paying a claim is bad faith. That does not appear to be…
Late Payment Of Claims
Insureds in Grand Prairie, Fort Worth, Hurst, Euless, Bedford, Grapevine, Saginaw, Rhome, Lake Worth, Burleson, and other places in Texas have very little knowledge of the remedies available to them when their insurance company refuses to defend them in a law suit. One of those remedies might surprise them. This…