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Insurers should watch for several factors that could be red flags for fraudulent claims: opportunity, incentive and rationalization.
The event will focus on helping insurers prevent, prepare and prevail when handling a range of complex claims.
A key issue raised had to do with whether damages were consequential or direct — something not well defined in Texas caselaw.
Allianz Global Risks US Insurance Co. argued the claims at issue do not meet the policy definition of 'securities claims.'
While less than 1% of cases end up in trial, the percentage of insurance claims that went into litigation rose 47% over a four-year period.
TPLF is a money-making scheme that turns our civil justice system into 'a casino.'
Properly assessing damages is crucial to developing a clear plan for handling a liability claim.
Not all recent insurance litigation is related to COVID-19. Disaster recovery and auto insurance claims are also in the mix.
Review the steps politicians in the Sunshine State are looking at in an attempt to correct course for the home insurance sector.
While the insurance industry relies on warranties for their policies, plaintiff attorneys are trying to throw them out.