Dealing with insurance companies and claims can be aggravating even when all goes smoothly. It gets even worse when the insurance company doesn’t deal with you in an up-front manner. Here are 3 examples of bad-faith insurance practices that are most commonly employed to avoid paying out on legitimate claims. 1. Denial, delay & documentation Insurance firms know that most of … [Read more...] about What are the Most Common Bad Faith Insurance Practices?
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Will Louisiana Car Accident Bill Lower Premiums or Hurt Victims?
A Louisiana car accident bill whose aim is to lower auto insurance premiums in the state has passed both houses of the state legislature. The Omnibus Premium Reduction Act is headed to the desk of Governor John Bel Edwards. It is expected the governor will sign the legislation, but the bill did not pass without strong arguments on both sides. The motivation for the bill came … [Read more...] about Will Louisiana Car Accident Bill Lower Premiums or Hurt Victims?
The Stakes Are Large with Multiple Car Accident Insurance Issues
It’s a nightmare scenario: On your morning commute, someone a few cars behind you rear-ends the driver ahead of them. That triggers a chain reaction where each car bumped hits the vehicle ahead of them. Or it’s pushed out into the next lane and extends the damage. Unsurprisingly, these types of accidents result in more serious injuries and higher odds of fatalities than a … [Read more...] about The Stakes Are Large with Multiple Car Accident Insurance Issues
Procedural Ruling In Bad Faith Lawsuit Could Have Lasting Impact
Winning a bad faith lawsuit against an insurance company is never easy. Laws vary from state to state, but plaintiffs generally have to prove intent. That can be difficult under any circumstances, and especially so when the opponent has vastly more financial resources and legal expertise at their disposal. But a recent court ruling regarding the admissibility of evidence may … [Read more...] about Procedural Ruling In Bad Faith Lawsuit Could Have Lasting Impact
State Court Protects Policyholders On Texas Insurance Code 542
For the past 15 years, Texas-based insurance companies have used the appraisal process to delay payment of reasonable claims. A decision by the state Supreme Court in July 2019 set the trajectory back in favor of policyholders by upholding the original intent of Texas insurance code 542. The Prompt Payment of Insurance Claims Act has a part of it—Section 542—that requires … [Read more...] about State Court Protects Policyholders On Texas Insurance Code 542