Why Do Insurers Put Mortgagees and Loss Payees on Checks?
Property Insurance Coverage Law
SEPTEMBER 7, 2024
The answer to the question in the title is answered in the attached complaint. 1 Zurich paid a claim and listed the named insured on the check. The loss payee was not listed on the payment check. The insured went bankrupt. The loss payee is now suing Zurich. For more discussion about loss payees, please … The post Why Do Insurers Put Mortgagees and Loss Payees on Checks?
Let's personalize your content