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 175

Insurance Companies Policyholder Property Insurance Insurer 175

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 …

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Policyholder Compensation Insurance Companies Insurer 242

Property Insurance Coverage Law

DECEMBER 12, 2024

The issue raised in this title usually arises with policyholders not wanting to pay a public adjuster fee because the public adjuster service contract was not valid or the public adjusters license lapsed sometime during the contract. appeared first on Property Insurance Coverage Law Blog.

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License Insurance Companies Policyholder Property Insurance 169

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.

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Policyholder Insurance Companies Insurer Insured 246

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 277

Policyholder Insurance Companies Insurer Insured 277

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 278

Policyholder Insurance Companies Insurer Insured 278

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 …

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Policyholder Claim Damage Insured 290

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, (..)

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Policyholder License Insurance Industry Property Insurance 155

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 (..)

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Policyholder Property Insurance Insurance Claim Claim 144

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.

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Policyholder Insurance Companies Property Insurance Insurer 152

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.

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Policyholder Insurance Companies Property Insurance Insurance Industry 132

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.

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Claim Policyholder Insurance Companies Property Insurance 176

Property Insurance Coverage Law

JANUARY 7, 2025

Insurance companies denying hail damage claims are repeat players in the litigation arena. This post will provide more insight and lessons as a grand finale to Policyholders and Public Adjusters Often Need to Hire Their Own Experts, and Policyholders and Public Adjusters … The post Want to Win a Hailstorm Damage Lawsuit?

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Damage Policyholder Property Insurance Insurance Companies 171

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!”

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Policyholder Risk Property Insurance Insurance Companies 126

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 151

Insurance Companies Property Insurance Insurer Insured 151

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.

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Insurance Claim Claim Policyholder Property Insurance 153

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.

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Policyholder Insurance Companies Property Insurance Insurer 122

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.

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Policyholder Property Insurance Insurance Claim Claim 139

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.

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Claim Policyholder Property Insurance Insurance Companies 164

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.

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Claim Policyholder Property Insurance Insurance Companies 135

Property Insurance Coverage Law

JANUARY 9, 2025

1 … The post Delay, Deny, Defend Professor Offers Suggestions for Meaningful Insurance Claims Reform appeared first on Property Insurance Coverage Law Blog. 1 … The post Delay, Deny, Defend Professor Offers Suggestions for Meaningful Insurance Claims Reform appeared first on Property Insurance Coverage Law Blog.

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Insurance Claim Claim Property Insurance Insurer 158

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.

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Property Damage Policyholder Property Insurance Damage 117

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 149

Auto Insurance Property Insurance Insurance Companies Insurer 149

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.

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Life Insurance Insurance Companies Policyholder Insured 52

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.

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Policyholder Property Insurance Insurance Companies Insurer 100

Property Insurance Coverage Law

NOVEMBER 27, 2024

GeoVera Specialty Insurance Company, the court granted the insurer’s motion to strike a $146,436.65 GeoVera Specialty Insurance Company, the court granted the insurer’s motion to strike a $146,436.65 1 In Kennedy v.

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Policyholder Property Insurance Insurance Companies Policy 100

Smart Insurance Agents

DECEMBER 9, 2024

Short Term Health Insurance Illinois: No longer available as of January 1, 2025. STLD Plans – As of January 1, 2025, Short-term Limited Duration Plans are no longer permitted to be sold in Illinois, helping to ensure that residents are not misled about whether they are purchasing comprehensive health insurance.

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Out-Of-Pocket Insurer Insured Insurance 98

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 120

Property Insurance Insurance Companies Insurer Insured 120

Property Insurance Coverage Law

DECEMBER 4, 2024

Insurance policies are like a box of chocolates—you never quite know what you’re going to get. Zurich American Insurance Company, 1 maybe you do, but the label on the box has you scratching your head. You might think Zurich American Insurance Company is the insurer after reading … The post Who Is the Insurer?

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Insurance Policy Insurance Companies Property Insurance Insurer 100

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.”

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Insurance Companies Property Insurance Policy Insurer 147

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.

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Property Insurance Damage Insurance Policy Insurance Companies 161

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.

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Theft Insurance Policy Policy Personal Property 130

Property Insurance Coverage Law

AUGUST 21, 2024

Ohio Casualty Insurance Company, 1 is a case decided last week involving vacancy clauses often found in property insurance policies, the impact of forfeiture clauses, and how those clauses can be waived. Unlocking Possible Overlooked Arguments for Coverage appeared first on Property Insurance Coverage Law Blog.

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Casualty Insurance Property Insurance Insurance Policy Insurance Companies 140

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.

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Policyholder Broker-Agent Personal Property Agents 40

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.

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Life Insurance Insurance Companies Premium Insurer 40

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?

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Home Insurance Policyholder Insurer Insured 52

Redbird Agents

JULY 9, 2024

I’ve heard more than once the misconception that selling insurance is easy. If selling insurance was so easy, then why is it that roughly 10 percent of the independent insurance agents generate the vast majority of the sales? Why Do Insurance Agents Fail? Statistics from the insurance industry reveal a different story.

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Insurance Agent Insurance Agents Agents Broker-Agent 130