The law states that if an insurance company fails to pay your claim in bad faith, it will owe you the amount of your claim, plus a multiple of your claim of at least a minimum amount (depending on the state), and possibly punitive damages. Hurricane Rita Case for Drilling Platform In this case, the […]
Few things are more frustrating than depending on insurance recovery and having your claim denied. But, you should know that there are ways to dispute any claim denial. These general rules apply to any kind of insurance, health or medical, and property and casualty. Reasons You May Have Been Denied Health insurance Out of network provider […]
Thousands of insurance companies operate in the United States, and almost half of them are property and casualty (P&C) insurance companies. So, it’s not surprising that most of the common insurance claims are property and casualty claims. Documenting your claim and knowing your rights are usually the two keys to prompt claim resolution. Flo and […]
Worldwide, insurance companies collect over $5 trillion a year in premiums. So, these firms have plenty of money to pay even borderline claims. However, insurance companies make money by collecting premiums and lose money by paying claims. So, they look for a way to deny claims or at least delay payment. Insurance adjusters routinely push […]
On August 27th of 2020, the fifth strongest storm to ever impact the United States landed near Cameron Parish, Louisiana, at 12 a.m. CST. Hurricane Laura made landfall as a Category 4 storm, only 7 mph away from being considered a Category 5. Causing the deaths of at least 42 people, Hurricane Laura managed to […]
Denied, Delayed and Underpaid Insurance Claims Builds Frustration for Policyholders LAKE CHARLES, La., Jan. 06, 2020 (GLOBE NEWSWIRE) Five months following catastrophic Hurricanes Laura and Delta, Southeast Louisiana parish residents still suffer; including insured policyholders. Insurance companies have not acted in good faith leaving policyholders with denied, delayed and underpaid insurance claims. Now left frustrated […]
I woke up in the morning and took out the trash. Yes, I am a lawyer, but in that moment, I wasn’t being a lawyer. I was cleaning my house. The reality is simple. People get confused when an attorney works for an insurance company. As an attorney, I meet with clients, file pleadings, answer […]
If your home has sustained significant damage in a disaster and there is a possibility it could be considered a total loss, you need to consider hiring an expert to evaluate the extent of the damage. What you consider a total loss and what the insurance carrier considers a total loss may be two separate […]
In 2019, the ten largest insurance companies in the United States collected about $330 billion in property insurance policy premiums. Given such massive revenue, there is little or no excuse for acting in bad faith and refusing to make things right for policyholders. Yet many insurance companies routinely act in bad faith. Generally, these bad faith actions […]
Louisiana law imposes a duty of good faith and fair dealing on insurance companies. At a minimum, good faith means a prompt and thorough investigation conducted by an adjuster who has an open mind about the matter. If an insurance company does not live up to this responsibility, a New Orleans insurance dispute lawyer can not only […]