It Is Not About Extremes.
You Just Need What Is Right And Fair.
Insurance provides a safety net when someone is facing an unexpected adverse event. If you're an insurer, you understand the importance of helping your policyholders in their time of need. Therefore, it's troubling when one of your policyholders has made a bad faith...
Given how often individuals and businesses alike turn to social media for any number of reasons – including connection, access to a captive audience and marketing potential – it is, perhaps, not at-all surprising that social media activity is increasingly influencing...
When it comes to an insurance claim defense, the duty to mitigate can significantly affect the outcome of a case – and insurers need to be proactive about documenting exactly what their policyholder did and did not do. Every policyholder has a certain obligation to...
Insurance companies strive to provide fair and prompt services to policyholders, but the risk of bad faith claims always looms. These claims allege unfair treatment or denial of rightful benefits. They can lead to costly legal battles and reputational damage. However,...
Business litigation can be a complex and time-consuming process, and you have to be well-prepared in order to increase your chances of success. There are a few key steps that you can take to prepare for business litigation and protect your interests. One of the most...
As a medical professional, you’ll spend a lot of time advising your patients on how to take care of themselves following release from the hospital or from your care. When you’re facing a medical malpractice claim, it can be incredibly frustrating to know that you know...
Say that a driver has spent the last five years paying their car insurance on time every year. Unfortunately, they forget to pay during the sixth year, and then they get in an accident. They missed the payment date by only two days. It just slipped her mind, but now...
Insurance companies owe their policyholders a duty to investigate and compensate a claim per the insurance agreement. Therefore, the policyholder may file a bad faith claim when an insurer denies their claim or fails to investigate one promptly without a good cause....
Most insurance claims are straightforward. An individual reports an injury because a car crash or a job accident caused medical bills or made them miss work. They get bodily injury coverage or workers' compensation benefits. Once they recover, they go back to work and...
Insurance companies profit when their policyholders file minimal claims. The more claims filed and the larger the damages, the smaller the profit margin for the company. While your business model likely requires that you try to minimize payouts, you do still cover...
