Victor Jacobellis | Property Insurance Coverage Law Blog | May 8, 2019 The California Fair Claims Settlement Practices Act imposes multiple deadlines to respond and report to insureds during a claim adjustment. Knowing and understanding an insurer’s reporting duties and deadlines can speed up the adjustment and payment of a claim. Although a failure to… Continue reading Does an Insurance Adjuster Have Deadlines To Work and Finish My Claim? A California Guide
Category: Insurance
How To File A Complaint With The Oregon Division of Financial Regulation About Your Delaying, Denying and Bad Treating Insurance Company
Daniel Veroff | Property Insurance Coverage Law Blog | May 10, 2019 When Oreganians are mistreated by their insurance companies, they can turn to the state government for help. Oregon’s Division of Financial Regulation has the authority to accept and investigate complaints by consumers. Filing a consumer complaint can be done on the Division’s website and is… Continue reading How To File A Complaint With The Oregon Division of Financial Regulation About Your Delaying, Denying and Bad Treating Insurance Company
How To Adjust Actual Cash Value and Overhead and Profit in Colorado—Colorado To Hold Public Forum For Comments
Chip Merlin | Property Insurance Coverage Law Blog | May 3, 2019 The Colorado Division of Insurance will hold a public stakeholder meeting at the Colorado Division of Insurance in Denver on May 21, 2019, regarding its proposal to eliminate one of its long-standing bulletins requiring insurance companies to pay contractor overhead and profit rather… Continue reading How To Adjust Actual Cash Value and Overhead and Profit in Colorado—Colorado To Hold Public Forum For Comments
Insurance Litigation in the USA
Mary Beth Forshaw | Simpson Thacher & Bartlett | April 29, 2019 Preliminary and jurisdictional considerations in insurance litigation Fora In what fora are insurance disputes litigated? Most insurance disputes are litigated in state or federal trial courts. An insurance action may be subject to original federal court jurisdiction by virtue of the federal diversity… Continue reading Insurance Litigation in the USA
Recent Property Insurance Assignment of Benefits Legislation
Conroy Simberg | April 29, 2019 After 6 years, the Florida Legislature has finally passed what appears to be an effective crackdown on Assignment of Benefit (AOB) abuse that has plagued first-party property insurance for years. The Act creates Florida Statute 627.7152, which preliminarily defines “Assignment Agreements” as instruments by which post-loss benefits under a… Continue reading Recent Property Insurance Assignment of Benefits Legislation