On April 28, 2021, policyholders in Norman, Oklahoma, and surrounding areas were rocked by a catastrophic hailstorm with baseball size hail and 70 mph winds resulting in more than $1 billion in damages. As many of our blog readers may
One of the lessons from the treble damage case noted in yesterday’s blog, Treble Damages for Insurance Company Misconduct in North Carolina and Collapse Coverage Confirmed, is that denial letters from insurance companies should be accurate. They should not
Treble damages may be available when insurance companies act deceptively handling claims under North Carolina North Carolina’s Unfair and Deceptive Trade Practices Act, N.C. Gen. Stat. § 75.1-1. A recent decision involved an obvious “collapse loss” where the insurer searched
I posted a blog earlier this week, Kentucky Allows Property Insurers To Shorten The Statute of Limitations—Even If You Do Not Know That A Loss Occurred. I received an email from an outstanding lawyer and colleague, Brandon McWherter.
There are countless circumstances immediately following a loss that necessitate emergency mitigation services. Common examples of what are known as “reasonable emergency measures” include tarping a roof to prevent further water intrusion, performing dry out services, or any number of
Virginia’s Governor approved legislation that becomes effective on July 1, 2022, and sets standards for appraisals and umpires. The Insurance Appraisal and Umpire Association (IAUA) sent me the following legislation:
Policyholders should always check their duties after loss, when the proof of loss is due and when the deadline is to file a lawsuit. It is hard to provide a notice of loss, much less file a lawsuit, if you
Steve Badger and I will have a friendly debate and presentation at the Lloyd’s Property Insurance Claims Group Conference on May 11. Our topic will be The 3 Sides to Every CAT Claim – Insurer Attorney, Policyholder Attorney and The
Louisiana Insurance Commissioner Jim Donelon has examined the claims conduct of five insurance companies. As a result of these Targeted Market Conduct Examinations, he has proposed substantial fines. The Louisiana Department of Insurance News Release announcing these fines noted in
Underinsurance gaps are not good for policyholders or insurers. Colorado Insurance Commissioner Michael Conway said a lot during his brief appearance at the Rocky Mountain Association of Public Insurance Adjusters meeting on Thursday. In Colorado Insurance Commissioner Michael Conway Continues