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)…
Burleson insurance lawyers know that when an insurance company is slow to pay a claim that there are possible consequences to the insurance company under the Texas Prompt Payment of Claims Act (TPPCA). Historically, one area of contention in TPPCA disputes has been the calculation of the penalty when an…
It is important for Dallas and Fort Worth Attorneys to understand how the Texas Prompt Payment of Claims Act (TPPCA) works. The deadlines imposed by the TPPCA are presented chronologically in terms of the claims-handling process. First, §542.055 states the insurer shall acknowledge receipt of the claim, request information the…
Life insurance lawyers will at some point have a situation involving a life insurance policy and a life settlement. Understanding these life settlements is important. WealthManagement.com published an article that is educational. The article is titled “Survey Shows Life Settlements Remain Misunderstood.” The life settlement industry has an exceptional opportunity…
Palo Pinto County insurance lawyers know that it is very difficult to appeal appraisal findings. A hail damage case from the Sherman Division, Eastern District illustrates this. The opinion is styled, Ronald Studer v. State Farm Lloyds. The issue before the Court was whether the appraisal award should be set…
Cresson insurance lawyers as well as those insurance lawyers in the rest of the Dallas and Fort Worth area will usually be ordered to mediate a case prior to any Judge allowing the case to go to trial. The reason for this is because of the high success rate of…
Here’s one for an insurance lawyer to answer – What if I sell my house to someone and in the disclosure documents I fail to list many of the problems with the house? What if the buyers of the house sue me for fraud and negligent misrepresentations? Does my homeowners…
Excluded drivers and Named Driver auto policies are the last thing someone wants to find out about the driver who caused the wreck. Here is some law that is helpful to know when an insurance company tells you the driver was not covered under the policy. A starting point is…
Insurance attorneys in the Dallas / Fort Worth area know to be suspicious of reports from insurance companies but even a story that recently ran in the New York Times was surprising. The story is titled, Long Island Company Charged In Insurance Scheme After Hurricane Sandy. A Long Island engineering…
Sometimes the fights put up by insurance companies seem unnecessary. It is nice when a court agrees. This was the case in a Southern District, Houston Division case. It is styled, Houston Granite & Marble Ctr., LLC v. Mesa Underwriters Specialty Ins. Co. Houston sued Mesa in State Court and…