Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Notice of a claim is, of course, the reason for opening an insurance claim file. In many jurisdictions, however, the closely scrutinized handling of a hurricane or another catastrophe claim requires special awareness. Many states, such as Michigan, carry statutes requiring that claims be paid in whole or in part within a reasonable amount of time. In other states, such as Wisconsin, similar statutes stipulate that any partial amount of an insurance claim is considered overdue if not paid within a time certain — 30 days, under the Wisconsin statute — after such written notice is furnished to the insurer.

The Wisconsin Supreme Court, parenthetically, has ruled that this statutory requirement is not the same as good-faith or bad-faith claim handling. Instead, the statutory penalty applies regardless of the manner in which the particular insurance claim is being handled. Thus, a claim professional must determine if there is sufficient proof to warrant paying part of a claim that has been filed under an insurance policy, even if the particular proof does not establish coverage for the entire claim.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?



Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.