Lawyers handling property damage claims will find this article interesting. The article is from the Claims Journal. It was published in September 2016, and is titled, Damage To Property Without Market Value. The amount and dollar value of insurance claims relating to property loss alone dwarf all other lines of…
The Statute of Limitations for insurance claims will vary with the facts of the case. In general this limitation begins to run once a claim is denied. A Southern District , Galveston Division case arose in 2016, that is a good read. The case is styled, Linda Grayson v. Lexington…
When an insurance company denies a claim they have certain responsibilities under the Texas Insurance Code. Insurance lawyers know to immediately check and see if the insurance company has properly performed their responsibility. Texas Insurance Code, Section 542.056(c) states that if the insurer rejects the claim, the notice required under…
Insurance attorneys know what the requirements are that are placed on an insurance company when one of their customers make a claim. These requirements are found in Texas Insurance Code, Section 542.051 thru 542.061. Section 542.056(a) requires the insurance company to give written notice it is accepting or rejecting the…
Attorneys who handle ERISA claims can tell you how difficult these ERISA cases are to win. When someone makes a claim under an ERISA policy, the plan administrator renders a decision. The claimant is advised how to appeal the decision if the claimant does not like the result. When the…
Dallas and Fort Worth insurance lawyers know all too well the games some insurance companies play to beat the system. That knowledge has taken on new meaning after reading this story from BloomBerg. The story is titled, State Farm Faces Suit Over Claims It Bankrolled Judge. Some customers of State…
Benbrook insurance attorneys can discuss the penalties for delays in paying a claim. These penalties are spelled out in the Texas Prompt Payment of Claims Act (TPPCL) and are found in the Texas Insurance Code. The amount of an insured’s claim (and/or the amount for which an insurer is liable)…
Mineral Wells insurance lawyers know that when making a pre-suit demand on an insurance company that making an excessive demand can be more harm than good. This is discussed in a Houston Court of Appeals [1st Dist.] opinion released in August 2016. The case is styled, United Services Automobile Association…
Insurance lawyers in the Dallas and Fort Worth area know that insurance companies prefer to litigate cases in Federal Court while the opposite is true for lawyers representing an insured. A recent Northern District, Dallas Division case deals with suing the agent in Federal Court. The case is styled, B&B…
Insurance law attorneys can tell war stories about situations where an insurance agent has been caught stealing from customers. This was recently highlighted in an August 29, 2016, article published by the Insurance Journal. The article is titled “California Insurance Agent Nabbed For Fraud Scheme Involving 100-Plus Policies.” Vicki Lee…