Insurance Companies, Insurer and Policyholder

The Façade of Consumer Protection: How Florida’s Political Leadership Continues to Favor Insurance Companies Over Policyholders — Are Florida’s Politicians in Bed with the Insurance Industry?

Property Insurance Coverage Law

OCTOBER 23, 2024

While Jimmy Patronis and Governor DeSantis trumpet their latest emergency rule as consumer protection following the CBS 60 Minutes Expose noted in CBS 60 Minutes Exposes Alleged Insurance Company Fraud: Adjusters Reveal Altered Hurricane Damage Estimates by Claims Management, the reality reveals a different story.

Policyholder

Policyholder Insurance Companies Insurance Industry Protection

HEMIC in Hawaii Issuing $5 Million Dividend to Policyholders

Insurance Journal

SEPTEMBER 17, 2024

Hawaii Employers’ Mutual Insurance Company Inc. is giving policyholders the largest dividend in the workers’ compensation carrier’s history. The HEMIC board of directors recently announced a $5 million dividend to qualifying policyholders.

Policyholder

Policyholder Compensation Insurance Companies Workers Compensation

Insurance Company Prevails in Hail Damage Claim Dispute—Policyholders Need to Hire Experts Right Away and Provide Access to Information

Property Insurance Coverage Law

SEPTEMBER 26, 2024

A recent federal court ruling in Missouri highlights the critical importance of admissible expert testimony in property insurance disputes.

Policyholder

Policyholder Insurance Companies Damage Claim

One Example of How Florida’s Politicians Harmed Florida Policyholders By Passing Insurance Lobby Laws

Property Insurance Coverage Law

OCTOBER 28, 2024

This is Florida law regarding when an insurance company must start investigating an insurance claim: 3)(a) Unless otherwise provided by the policy of insurance or by law, within 7 days after an insurer receives proof-of-loss statements, the insurer shall begin such investigation as is reasonably necessary unless the failure to begin such investigation (..)

Policyholder

Policyholder Property Insurance Insurance Claim Claim

Florida’s Insurance Company Fraud Investigations: A Crisis of Public Trust (With a Side of Absurdity)

Property Insurance Coverage Law

SEPTEMBER 27, 2024

As an attorney who has dedicated my career to representing policyholders, I’ve witnessed firsthand the challenges faced by Florida homeowners, businesses, condominium associations, and even government entities in the wake of natural disasters.

Insurance Companies

Insurance Companies Policyholder Property Insurance Insured

Appraiser Qualifications and Bad Faith Suits Against Policyholders in California—Chubb’s Attempt to Vacate Huge Glass Fire Appraisal Award Largely Fails

Property Insurance Coverage Law

NOVEMBER 12, 2024

In a significant victory for policyholders, a federal magistrate in Northern California recently rejected most of Federal Insurance Company’s (aka Chubb) attempts to vacate a substantial appraisal award in a Glass Fire case. The case, Pollock v.

Policyholder

Policyholder Insurance Companies Property Insurance Insured

CBS 60 Minutes Exposes Alleged Insurance Company Fraud: Adjusters Reveal Altered Hurricane Damage Estimates by Claims Management

Property Insurance Coverage Law

SEPTEMBER 30, 2024

In a shocking exposé aired last night on CBS’s 60 Minutes, allegations of widespread insurance fraud by insurance companies following Hurricane Ian were exposed.

Insurance Companies

Insurance Companies Damage Claim Property Insurance

The Ongoing Issue of Field Adjuster Independence: Why Xactimate and Florida’s Emergency Rule are at Odds with Policyholders’ Interests

Property Insurance Coverage Law

OCTOBER 25, 2024

In my recent articles, The Façade of Consumer Protection: How Florida’s Political Leadership Continues to Favor Insurance Companies Over Policyholders — Are Florida’s Politicians in Bed with the Insurance Industry and Florida’s Emergency Ethical Rule Conflicts with Xactimate’s License Agreement – Another Example of Insurance Industry Control in Florida, (..)

Policyholder

Policyholder License Insurance Industry Property Insurance

California Insurance Commissioner Orders 1-Year Moratorium on Cancellations for Wildfire Victims

Insurance Journal

NOVEMBER 11, 2024

California Insurance Commissioner Ricardo Lara issued a mandatory one-year moratorium on insurance companies to preserve residential insurance coverage for more than 11,000 policyholders affected by the Shelly Fire located in Siskiyou County and the Bear Fire located in Sierra County.

Policyholder

Policyholder Insurance Companies Insured Insurance

California Policyholders May Be On the Hook for Wildfire Losses

Insurance Journal

SEPTEMBER 9, 2024

California homeowners could be required to pay a surcharge if the state’s insurer of last resort is unable to cover losses from a catastrophic wildfire. The California Department of Insurance sent a bulletin to insurance companies this week outlining how …

Policyholder

Policyholder Insurance Companies Insured Insurance

Let’s Get Tough on Drunk Driving but Not Have Any Penalties For the Drunk Driver: Making It Difficult For Policyholders To Collect On Debts Owed By Delaying and Underpaying Insurance Companies

Property Insurance Coverage Law

AUGUST 19, 2024

That is exactly what the insurance industry has accomplished in Florida with recent changes in law. Most would be laughed out of town.

Policyholder

Policyholder Insurance Companies Property Insurance Insurance Industry

When Do Insurance Company Lobbyists and Trade Association Supporters Lie About Insurance Fraud Statistics? Every Time They Say or Write Anything

Property Insurance Coverage Law

NOVEMBER 20, 2024

For example, the Coalition Against … The post When Do Insurance Company Lobbyists and Trade Association Supporters Lie About Insurance Fraud Statistics? Every Time They Say or Write Anything appeared first on Property Insurance Coverage Law Blog. billion figure that concludes it is pure misinformation.

Insurance Companies

Insurance Companies Property Insurance Insured Insurance

Texas Mutual board approves $350 million policyholder dividend distribution

Insurance Journal

SEPTEMBER 18, 2024

AUSTIN, Texas September 18, 2024—Texas Mutual Insurance Company, the state’s leading provider of workers’ compensation insurance, is announcing today that its board of directors voted unanimously to approve a $350 million dividend distribution in 2024. Dividends will be distributed to …

Policyholder

Policyholder Compensation Insurance Companies Insured

Insurance Company’s Two-Year Claims Handling Waives Proof of Loss Requirement

Property Insurance Coverage Law

NOVEMBER 5, 2024

A recent Indiana Court of Appeals decision where Merlin Law Group’s Ed Eshoo was counsel for the policyholder provides a textbook example of how an insurance company’s conduct can waive strict policy requirements, even when attempting to preserve those rights through reservation letters.

Claim

Claim Policyholder Property Insurance Insurance Companies

California Commissioner Orders Insurance Cancellation Moratorium for 750K Residents Following Wildfires

Insurance Journal

SEPTEMBER 19, 2024

California Insurance Commissioner Ricardo Lara issued a mandatory one-year moratorium on insurance companies to preserve residential insurance coverage for 750,000 policyholders affected by the Airport, Bridge, and Line fires in the counties of Orange, Riverside, Los Angeles, and San Bernardino.

Policyholder

Policyholder Insurance Companies Insured Insurance

“I Was Droned!” California Policyholders Are Being Monitored Regarding Their Loss Risk Exposure and Loss Mitigation Attempts

Property Insurance Coverage Law

SEPTEMBER 14, 2024

When I am finished beating up or getting beaten upon by various insurance company attorneys all over the country, I love to compete and beat up or get beaten upon by the best sailboat racers. I love true competition, and it is one reason why I love being the type of attorney that I am … The post “I Was Droned!”

Policyholder

Policyholder Risk Property Insurance Insurance Companies

California Commissioner Orders Insurance Cancelation Moratorium for 185K Residents

Insurance Journal

AUGUST 8, 2024

California Insurance Commissioner Ricardo Lara issued a one-year moratorium on insurance companies to preserve residential insurance coverage for more than 185,000 policyholders affected by the Park, Borel and Gold Complex fires. The moratorium shields those living within the perimeters or …

Policyholder

Policyholder Insured Insurance Insurer

California Wildfire Destroys 243 Structures, Cancellation Moratorium Issued

Insurance Journal

NOVEMBER 18, 2024

California Insurance Commissioner Ricardo Lara issued a mandatory one-year moratorium on insurance companies to preserve residential insurance coverage for more than 200,000 policyholders affected by the Mountain Fire, which has destroyed 243 structures. The order shields those living within the …

Policyholder

Policyholder Insurance Companies Insured Insurance

Proof of Loss Requirements: A 222-Year-Old Case Still Relevant for Modern Insurance Claims

Property Insurance Coverage Law

NOVEMBER 18, 2024

United Insurance Company 1 offers timeless guidance on the distinction between preliminary “proof of loss” requirements and “proof” evidence required at trial. This distinction remains critically important for today’s insurance practitioners and policyholders alike. The 1802 New York Supreme Court case of Lenox v.

Insurance Claim

Insurance Claim Claim Policyholder Property Insurance

California Commissioner Orders 1-Year Moratorium for Residents Affected by Boyles Fire

Insurance Journal

OCTOBER 4, 2024

California Insurance Commissioner Ricardo Lara issued a mandatory one-year moratorium on insurance companies to preserve residential insurance coverage for more than 16,000 policyholders affected by the Boyles Fire located in Lake County. The commissioner’s order shields those living within the …

Policyholder

Policyholder Insurance Companies Insured Insurance

Hurricane Helene Insurance Delays or Underpayment in Florida? File a Complaint with the Department of Financial Services

Property Insurance Coverage Law

OCTOBER 6, 2024

Florida policyholders should report any delays, underpayments, or complaints regarding an insurance company to the Florida Department of Financial Services. File a Complaint with the Department of Financial Services appeared first on Property Insurance Coverage Law Blog.

Policyholder

Policyholder Property Insurance Insurance Companies Insured

Florida CFO Bars Insurers From Altering Adjusters’ Reports Without Explanation

Insurance Journal

OCTOBER 9, 2024

Almost two years after a group of independent claims adjusters alleged that insurers had deceptively altered their damage estimates and low-balled policyholders, Florida’s chief financial officer has issued an emergency rule barring similar actions in Hurricane Milton claims. “Any move …

Policyholder

Policyholder Claim Damage Insured

The Deadline to Properly Submit a Hurricane Ian Claim Is September 28 – Double Check Claim Submissions

Property Insurance Coverage Law

SEPTEMBER 21, 2024

Claims deadlines and submittals are no longer easy for Florida policyholders. It’s hard to keep up with all the changes to … The post The Deadline to Properly Submit a Hurricane Ian Claim Is September 28 – Double Check Claim Submissions appeared first on Property Insurance Coverage Law Blog.

Claim

Claim Policyholder Property Insurance Insurance Companies

Public Adjusters Prohibited in Arkansas

Property Insurance Coverage Law

OCTOBER 5, 2024

When navigating the aftermath of a property damage claim, many homeowners seek professionals to help them secure the best possible settlement from their insurance company. However, policyholders … The post Public Adjusters Prohibited in Arkansas appeared first on Property Insurance Coverage Law Blog.

Property Damage

Property Damage Policyholder Property Insurance Damage

What Does Replacement Cost Insurance Pay If There Has Not Been Repair or Replacement?

Property Insurance Coverage Law

SEPTEMBER 5, 2024

Insurance companies that wrongly deny or underpay property insurance claims are finding a golden financial opportunity that provides an incentive for them to wrongfully underpay and deny claims—they escape the payment of the replacement cost valuation they promised to their policyholders.

Policyholder

Policyholder Property Insurance Insurance Claim Claim

How Life Insurance Companies Master Diversification in Asset Management

The Insurance Pro

MARCH 26, 2023

Life insurance companies have emerged as experts in this field, utilizing their vast resources and expertise to create well-diversified investment portfolios that deliver long-term value to policyholders. In this article, we will explore the factors that contribute. In this article, we will explore the factors that contribute.

Life Insurance

Life Insurance Insurance Companies Policyholder Insured

Prepare for the Unexpected — How to Help Policyholders With Disaster Planning

American Agents Alliance

SEPTEMBER 30, 2024

This is a role insurance agents often play — and disaster planning is always more effective when it is proactive. Learn more about how to help policyholders prepare for the unexpected with helpful tips. Provide a checklist so your policyholders can easily keep track of personal property.

Policyholder

Policyholder Broker-Agent Personal Property Agents

Dr. Roof or Dr. Roof Adjuster? Restoration Contractors and Roofers Need to Be Careful and Not Overstep into Adjusting Claims, Subjecting Them to Criminal Prosecution

Property Insurance Coverage Law

SEPTEMBER 19, 2024

Restoration Contractors and Roofers Need to Be Careful and Not Overstep into Adjusting Claims, Subjecting Them to Criminal Prosecution appeared first on Property Insurance Coverage Law Blog.

Claim

Claim Policyholder Property Insurance Insurance Companies

The Construction Costs to Investigate the Full Extent of a Covered Loss Should Be Covered

Property Insurance Coverage Law

NOVEMBER 13, 2024

Why do some insurance companies nickel and dime their customers who have sustained a covered property loss? Chubb successfully argued that the … The post The Construction Costs to Investigate the Full Extent of a Covered Loss Should Be Covered appeared first on Property Insurance Coverage Law Blog.

Policyholder

Policyholder Property Insurance Insurance Companies Insured

Progressive and K&P’s Alleged Insurance Scheme: When Reality is Stranger Than Fiction

Property Insurance Coverage Law

NOVEMBER 15, 2024

Progressive Insurance Company, one of America’s largest auto insurers, is alleged to have created a scheme that would make ambulance chasers blush – directly feeding accident victim information to a law firm for solicitation. You really cannot make this stuff up.

Auto Insurance

Auto Insurance Property Insurance Insurance Companies Insured

How do life insurance companies make money?

QuickQuote

JULY 29, 2023

Since life insurance companies pay out multiple claims per year, you may wonder how life insurance companies make money if claims sometimes eclipse the amount earned in premiums. The answer is that life insurance company profitability is based on more than just the amount it earns in premiums.

Life Insurance

Life Insurance Insurance Companies Premium Insured

Tips for Buying Home Insurance

Bankers Insurance

MAY 16, 2024

TIPS FOR BUYING HOME INSURANCE For millions of Americans, home insurance remains an essential financial safeguard. The homeowners insurance market is complicated and dynamic, and many policyholders have experienced increased rates in recent years despite no changes to their coverage or claims filed. WHAT HAPPENED IN 2023?

Home Insurance

Home Insurance Policyholder Out-Of-Pocket Insured

When Life Gives You Lemonade, They Give You No Coverage for Cryptocurrency

Property Insurance Coverage Law

OCTOBER 26, 2024

In a recent Fourth Circuit Court of Appeals decision that leaves me scratching my head, Lemonade Insurance Company successfully argued that cryptocurrency isn’t covered under their homeowner’s policy because it’s not “tangible property.”

Insurance Companies

Insurance Companies Property Insurance Policy Insured

The Future of Homeowners and Property Insurance: Navigating AI, Surveillance, and Regulatory Challenges

Property Insurance Coverage Law

AUGUST 17, 2024

The homeowners property insurance landscape is shifting rapidly, driven by advancements in artificial intelligence (AI) and surveillance technology.

Property Insurance

Property Insurance Insurance Companies Insured Insurance

From Risk to Retention: Transforming Insurance with Predictive Churn Analytics

InsuredMine

JULY 19, 2024

Insurance agencies once focused primarily on assessing risks, underwriting policies, and managing claims. In this context, understanding why customers might leave and taking preemptive steps to prevent churn has become a strategic imperative for insurance companies. However, the landscape has shifted dramatically.

Risk

Risk Policyholder Insured Insurance

Best Practices for Digital Claims Management for Agents and Brokers

American Agents Alliance

JULY 17, 2024

Every part of the insurance lifecycle is changing in the digital age, including the handling of claims. Agents and brokers play important roles in the digital claims management process, from educating policyholders on loss mitigation to helping insureds file claims and work with their insurers.

Broker-Agent

Broker-Agent Broker Agents Claim

Understanding Consumer Education and Property Insurance

Property Insurance Centre

MARCH 19, 2024

Understanding Consumer Education and Property Insurance As an informed consumer, education on consumer rights and property insurance is crucial. It empowers individuals to make informed decisions about insurance coverage and understand their policy rights.

Property Insurance

Property Insurance Policyholder Insured Insurance

Essential Guide to Dependent Definition For Health Insurance

Smart Insurance Agents

SEPTEMBER 7, 2024

Understanding Dependent Definition For Health Insurance Key Highlights A dependent in health insurance refers to a person eligible for coverage under your plan, typically including spouses and children. The definition of a dependent can vary depending on the insurance provider and specific plan.

Policyholder

Policyholder Insured Insurance Insurer

Millennial Insurance Buyers — What Agents Need to Know to Sell to Them

American Agents Alliance

OCTOBER 14, 2024

Understanding millennial insurance buyers and their motivations is critical for agents and brokers selling to this demographic. Millennials are often known for being diverse, tech-proficient, and committed to their values and expectations regarding companies they do business with and purchases they make.

Agents

Agents Broker-Agent Policyholder Insured

Court Differentiates Vandalism from Theft in First Party Insurance Policy

The Property Insurance Law Observer

MARCH 12, 2024

The United States District Court for the Western District of Washington decided an insurance coverage case involving Plaintiffs Benny and Guangying Cheung and Defendant Allstate Vehicle and Property Insurance Company. Companies, 160 Wn. Allstate Vehicle & Prop. C22-1174 TSZ, 2023 WL 9000432 (W.D. Citing to Allemand v.

Theft

Theft Insurance Policy Policy Personal Property

Protect Your Finances: The Truth About Small Insurance Claims

Shield Insurance Agency

AUGUST 20, 2024

Shield Insurance Blog | Small Insurance Claims | Contact Our Sales Team! Small Insurance Claims Can Raise Premiums Small insurance claims, such as those for minor property damage, may seem like a hassle to deal with. However, filing small insurance claims can have long-term financial consequences.

Insurance Claim

Insurance Claim Claim Protection Out-Of-Pocket

Impact of Rising Interest Rates on Property Insurance

Protect Commercial Insurance

OCTOBER 4, 2024

But what does this mean for property owners and their insurance needs? As interest rates creep up, they can have a surprising ripple effect on property insurance costs. Recent years, however, have seen gradual rises, sparking concerns in many sectors, including real estate and insurance. However, there’s a flip side.

Property Insurance

Property Insurance Out-Of-Pocket Premium Insured

Civil Remedy Notices – What Are They and What Do They Require?

Property Insurance Coverage Law

AUGUST 4, 2024

Insurance policies protect you from the cost of replacing lost, damaged, or stolen items: or at least, that’s how they’re supposed to work. But what happens if your insurance company refuses to pay what you are owed? appeared first on Property Insurance Coverage Law Blog.

Property Insurance

Property Insurance Damage Insurance Policy Insurance Companies

AM Best Reaffirms Frankenmuth Insurance’s Financial Strength and Stability With An A (Excellent) Rating

Frankenmuth Insurance

JUNE 20, 2024

Frankenmuth Insurance is exceptionally proud to share that AM Best has once again recognized our company’s commitment to financial strength and stability. At Frankenmuth Insurance, we take pride in protecting what’s important to you, and we’re dedicated to ensuring a bright future for our policyholders.

Casualty Insurance

Casualty Insurance Insurance Companies Policyholder Life Insurance

The Façade of Consumer Protection: How Florida’s Political Leadership Continues to Favor Insurance Companies Over Policyholders — Are Florida’s Politicians in Bed with the Insurance Industry?

HEMIC in Hawaii Issuing $5 Million Dividend to Policyholders

Trending Sources

Insurance Company Prevails in Hail Damage Claim Dispute—Policyholders Need to Hire Experts Right Away and Provide Access to Information

One Example of How Florida’s Politicians Harmed Florida Policyholders By Passing Insurance Lobby Laws

Florida’s Insurance Company Fraud Investigations: A Crisis of Public Trust (With a Side of Absurdity)

Appraiser Qualifications and Bad Faith Suits Against Policyholders in California—Chubb’s Attempt to Vacate Huge Glass Fire Appraisal Award Largely Fails

CBS 60 Minutes Exposes Alleged Insurance Company Fraud: Adjusters Reveal Altered Hurricane Damage Estimates by Claims Management

The Ongoing Issue of Field Adjuster Independence: Why Xactimate and Florida’s Emergency Rule are at Odds with Policyholders’ Interests

California Insurance Commissioner Orders 1-Year Moratorium on Cancellations for Wildfire Victims

California Policyholders May Be On the Hook for Wildfire Losses

Let’s Get Tough on Drunk Driving but Not Have Any Penalties For the Drunk Driver: Making It Difficult For Policyholders To Collect On Debts Owed By Delaying and Underpaying Insurance Companies

When Do Insurance Company Lobbyists and Trade Association Supporters Lie About Insurance Fraud Statistics? Every Time They Say or Write Anything

Texas Mutual board approves $350 million policyholder dividend distribution

Insurance Company’s Two-Year Claims Handling Waives Proof of Loss Requirement

California Commissioner Orders Insurance Cancellation Moratorium for 750K Residents Following Wildfires

“I Was Droned!” California Policyholders Are Being Monitored Regarding Their Loss Risk Exposure and Loss Mitigation Attempts

California Commissioner Orders Insurance Cancelation Moratorium for 185K Residents

California Wildfire Destroys 243 Structures, Cancellation Moratorium Issued

Proof of Loss Requirements: A 222-Year-Old Case Still Relevant for Modern Insurance Claims

California Commissioner Orders 1-Year Moratorium for Residents Affected by Boyles Fire

Hurricane Helene Insurance Delays or Underpayment in Florida? File a Complaint with the Department of Financial Services

Florida CFO Bars Insurers From Altering Adjusters’ Reports Without Explanation

The Deadline to Properly Submit a Hurricane Ian Claim Is September 28 – Double Check Claim Submissions

Public Adjusters Prohibited in Arkansas

What Does Replacement Cost Insurance Pay If There Has Not Been Repair or Replacement?

How Life Insurance Companies Master Diversification in Asset Management

Prepare for the Unexpected — How to Help Policyholders With Disaster Planning

Dr. Roof or Dr. Roof Adjuster? Restoration Contractors and Roofers Need to Be Careful and Not Overstep into Adjusting Claims, Subjecting Them to Criminal Prosecution

The Construction Costs to Investigate the Full Extent of a Covered Loss Should Be Covered

Progressive and K&P’s Alleged Insurance Scheme: When Reality is Stranger Than Fiction

How do life insurance companies make money?

Tips for Buying Home Insurance

When Life Gives You Lemonade, They Give You No Coverage for Cryptocurrency

The Future of Homeowners and Property Insurance: Navigating AI, Surveillance, and Regulatory Challenges

From Risk to Retention: Transforming Insurance with Predictive Churn Analytics

Best Practices for Digital Claims Management for Agents and Brokers

Understanding Consumer Education and Property Insurance

Essential Guide to Dependent Definition For Health Insurance

Millennial Insurance Buyers — What Agents Need to Know to Sell to Them

Court Differentiates Vandalism from Theft in First Party Insurance Policy

Protect Your Finances: The Truth About Small Insurance Claims

Impact of Rising Interest Rates on Property Insurance

Civil Remedy Notices – What Are They and What Do They Require?

AM Best Reaffirms Frankenmuth Insurance’s Financial Strength and Stability With An A (Excellent) Rating

Stay Connected