Andrew S. Zimmerman and Lynda A. Bennett – March 8, 2013 Ostensibly responding to Superstorm Sandy, the New Jersey legislature is considering a broad change to the law addressing bad faith and unfair conduct by insurers. If the bill becomes law, it will represent a significant and policyholder-friendly change in the law governing insurer conduct.… Continue reading Changes to New Jersey Unfair Claims Settlement Practices Act Would Rewrite Bad Faith Law to Deter Insurer Misconduct
Tag: Insurance Claims
Bad Faith Insurance Claims
What is a Bad Faith Insurance Claim? When you sign up for an insurance policy for your home, car or even health insurance, you enter an agreement with an insurance company that it will pay certain benefits should an accident or disaster occur. You faithfully pay your premiums on time every month, fully expecting that… Continue reading Bad Faith Insurance Claims
What Constitutes a Total Loss in Montana?
Kenneth Kan – March 5, 2013 Last week, I wrote about the standard used in determining a total loss in Washington. This week, I focus on Montana, Washington’s neighbor to the east. Montana has a “valued policy” statute similar to that of about 20 other states. The statute provides: “Whenever any policy of insurance shall… Continue reading What Constitutes a Total Loss in Montana?
Update on Coverage for Colorado Construction Defects – TCD & Colorado Pool
Christopher R. Mosley, Katherine Dawson Varholak, Jerome H. Sturhahn, Brooke Yates and Melissa Kerin Reagan – February 25, 2013 Over the past few years, we have monitored the efforts of some in the insurance industry to deny coverage for construction defect claims brought by construction professionals. These insurers’ assault on construction professionals began with the… Continue reading Update on Coverage for Colorado Construction Defects – TCD & Colorado Pool
Proof of Loss Issues in New Jersey
Robert Trautman – February 21, 2013 Thanks to Hurricane Sandy, many property owners in New Jersey are making their first ever claims on their homeowners’ or flood insurance policies. They are faced for the first time with preparing and submitting a Proof of Loss. In this post, I address the requirement for a Proof of… Continue reading Proof of Loss Issues in New Jersey