Bad faith insurance tactics are especially common during bad storm seasons, and Louisiana’s 2025 hurricane season may be one of the worst on record. Heavy storms often trigger several hundred, or several thousand, insurance claims at once. Many insurance companies use these demand surges as an excuse to put claims on hold, delay the process, […]
Homeowners and business owners are forced to put a tremendous amount of faith into the hands of their property insurance company. You pay your premiums on time—and in turn, you have the fair and reasonable expectation that your benefits will be paid out when you need them. Insurance companies have a responsibility to use good […]
Unfortunately, home fires remain a serious risk. According to data from the National Fire Protection Association (NFPA), more than 350,000 residential properties in the United States sustain significant fire damage each year. Following a fire, you have the right to file a claim through your insurance policy. A fire damage claim should be paid in full […]
Accidents happen. Natural disasters happen. Property can be damaged in many different ways. The primary reason why you have property insurance—and pay those expensive premiums every month—is to ensure that you have financial protection if something goes wrong. For that reason, it is especially stressful to deal with a denial of your claim. It is […]
Property insurance companies have a general responsibility to use good faith settlement practices. Broadly defined, this means that they have to honor the terms of the policy. After all, an insurance policy is a contract. Bad faith insurance practices have a serious negative long-term impact. At Insurance Claim HQ, we have extensive experience handling bad […]
You pay your insurance premiums on time. In turn, you rightfully expect coverage when your home or business is damaged by a covered peril. Unfortunately, too many policyholders run into serious problems. Bad faith insurance practices by insurance companies continue to happen. At Insurance Claim HQ, we hold insurers accountable for bad faith. Here, our New […]
Louisiana law regulates the insurance industry, and it imposes a duty of good faith and fair dealing on insurers. If you suffered property damage in a storm, you should immediately contact your property insurer to open a claim. Please also pay attention to red flags and bad-faith insurance practices. This industry has a history of […]
No one likes it when someone doesn’t keep their word. This is even more frustrating when you have a formal agreement with another party like your insurer. When pursuing justice in such cases, the terms “bad faith” and “breach of contract” are likely to arise. Are these the same? What are the requirements for filing […]
Combined, the five highest-earning American CEOs in the insurance industry earned over $100 million in 2020, according to The Wall Street Journal. With an average salary of $20,305,936.60 per year, that’s not a bad gig. Of course, the heads of organizations like Aetna and Cigna are compensated so highly because their companies make a ton of […]
When an insurance company wrongs you, the natural next step is to take legal action and claim what you rightfully deserve. The question that many homeowners have when filing an insurance claim, though, is whether you can actually sue the insurance company simply for acting in bad faith. At Insurance Claim HQ, we take bad […]