Grand Prairie insurance lawyers and those in Dallas, Fort Worth, Arlington, Garland, Mesquite, Richardson, and other places in the metroplex area need to know what they are looking for in an insurance policy that a client brings to them.
Here are some lines taken from an article that was found recently that discussed deductibles and coverages in homeowners policies. This was after a hail storm that had occurred in the Dallas / Fort Worth area.
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Grand Prairie attorneys and those in Fort Worth, Dallas, Mesquite, Richardson, Garland, and other places in the metroplex area should keep up with the legislative attempts to change laws regulating insurance and lawsuits.
The consumer group, Texas Watch, were able to get the Austin American Statesman to publish an op-ed to “set the record straight” as to an op-ed that was published in the same paper and pushed by Rick Perry and members of the corporate lobby trying to limit the right of Texas families and small business owners to seek legal accountability in Texas courts.
The article is titled “Taking Away Right To Sue When Wrong Has Been Done Isn’t Helping Texans” and tells us:
Grand Prairie Insurance Lawyers and those in Dallas, Fort Worth, Grapevine, Carrollton, Farmers Branch, Benbrook, and other places over the DFW area should always be aware of the tactics and procedures insurance companies are using that relate to the policies sold to consumers. The Austin American Statesman published an article that provides some important information. Here is what it says.
Texas Attorney General Greg Abbott is locked in a fight with the state’s largest insurer over the company’s decision not to renew 11,000 residential and commercial property insurance policies along the Gulf coast.
Abbott’s office requested documents last month from State Farm to make sure the insurer lawfully terminated the contracts, Tom Kelley, a spokesman for Abbott, said in an email.
Weatherford Insurance Attorneys and those in Mineral Wells, Aledo, Willow Park, Azle, Springtown, Millsap, Brock, Hudson Oaks, and other places in Parker County should be able to get a laugh of this article that ran in the New York Times. Here is essentially what the article says:
As the country waits to see how the Supreme Court will rule on the Affordable Care Act, health insurance companies are taking matters into their own hands.
Over the past year, many of the largest insurance companies in the country, including Aetna, Cigna and Humana, have introduced elaborate marketing campaigns to reposition themselves as consumer-friendly health care companies, not just insurance providers. The insurers have been preparing for the possibility that the court may uphold the most controversial provision in the legislation — the individual mandate that would require people to buy health insurance or face a fine.
Grand Prairie insurance attorneys and those in Fort Worth, Hurst, Euless, Bedford, Grapevine, Colleyville, Saginaw, and other places in Tarrant County would need to have some understanding of the appraisal process and issues that arise from that process. The United States District Court, Southern District, Galveston Division, issued an opinion on May 25, 2012, that should be of some interest.
The style of the case is, KLM Resources, LLC d/b/a Jan-Pro Houston v. Ohio Casualty Company. Here is some background.
KLM filed suit against its insurer, Ohio Casualty Company, seeking to recover its loss of business income as a result of losses suffered by its franchisees following Hurricane Ike. Ohio Casualty invoked its right to an appraisal as provided in the insurance policy. Harold Asher, who had been retained by KLM as an expert on damages, was also appointed by KLM as its appraiser. Ohio Casualty selected Edward Hoffman, a forensic accountant, as its appraiser. Asher and Hoffman agreed to the appointment of Howard Zandman as umpire. Ultimately, Zandman and Hoffman agreed to an award of approximately $5,000. Asher, who estimated KLM’s loss at approximately $92,000, disagreed and refused to sign the award. Since the award was less that the $10,000 advance that had already been paid to KLM, no additional payment was due. Following the award, and facing a motion for summary judgment as to all of its claims, KLM filed a “Motion to Reopen the Appraisal Process.”
Grand Prairie insurance lawyers and those in Fort Worth, Dallas, Hurst, Euless, Bedford, and other places in Tarrant County would normally know when the other guy’s insurance company can be sued directly. Most people do not realize that when someone causes harm to another, such as when a person drives their car into the back of someone else’s car, that the claim is against the driver of the car, not the insurance company of the person driving the car. If you think about it – the insurance company did not do anything wrong – it was the driver who did something wrong, i.e., wasn’t paying attention to where they were going. So the claim is against the driver. The driver though, hopefully, has a contract with an insurance company that essentially says, “driver if you do something wrong while driving your car, we, the insurance company, will pay for that wrong.”
However, there are exceptions to being able to sue the insurance company directly rather than suing the driver.
The Tyler Court of Appeals issued an opinion in a case on May 23, 2012, wherein the injured party was trying to make one of the exceptions. The style of the case is, Brian W. Haygood v. Hawkeye Insurance Services, Inc. Here is some background.
Grand Prairie lawyers and those in Fort Worth, Dallas, Arlington, Hurst, Euless, Bedford, and other places in North Texas who handle insurance claims would want to know about this article.
The Consumer Federation of America has published an article titled “Low Ball: An Insider’s Look At How Some Insurers Can Manipulate Computerized Systems To Broadly Underpay Injury Claims.”
Here is some information about the article:
Weatherford attorneys and those in Mineral Wells, Aledo, Azle, Springtown, Millsap, Brock, Willow Park, Hudson Oaks, and other places in Parker County might find this article interesting. The article is from The Hartford Courant.
Connecticut joined 21 other states that agreed to a settlement with MetLife in a case that questioned whether the insurer did enough to find and pay beneficiaries after policyholders die.
The settlement means $40 million will be paid in penalties and about $438 million will go to unpaid policies that were written more than 50 years ago.This settlement amounts to nearly $900,000 for Connecticut beneficiaries,” Insurance Commissioner Thomas B. Leonardi said Tuesday. “Policyholders made their premium payments and have every right to expect MetLife to make good on its promise to pay claims. Working with fellow regulators on behalf of those policyholders and their families has helped accomplish that.”
Weatherford insurance lawyers as well as those in Aledo, Azle, Millsap, Brock, Mineral Wells, and other places in Parker County need to be aware of a May 2012, article published by Reuters. Read the article then see the end to fully understand why this is important.
The article is titled: Analysis: Insurers Find It Tough To Price Fracing Risk “From water worries to well blowouts, the inherent risks of oil and gas extraction are often played down by those in the business. But another group of profit-seekers has every reason to keep a close eye on dangers for drillers: their insurers.
Underwriters now face a politically charged problem in the perceived threats to water supplies of hydraulic fracturing.
Weatherford lawyers, and those in Mineral Wells, Springtown, Aledo, Azle, Peaster, Hudson Oaks, Willow Park, Millsap, Brock, and other parts of Parker County might be surprised to learn this about dog bite claims. How many there are and how much they cost insurance companies in claims.
An article posted on Yahoo News on May 17th might be a little surprising.
The article tells us that most stories about a dog biting someone does not get a lot of attention in the news, but it costs insurance companies hundreds of millions in claims every year.
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