Tag Archives: Policyholder

Correcting the File on Insurance coverage Trade Hucksters and Novel Coronavirus/COVID-19 Protection — Policyholder Pulse — August 25, 2020

Companies purchase property insurance coverage to guard their backside line within the occasion that one thing dangerous leads to decrease gross sales or elevated prices. Insurance coverage firms search to enhance their backside line by rising gross sales and lowering their largest price merchandise, declare funds. Of their effort to …

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Appraisal Might Be a Viable Choice for Policyholders When Damages Calculations Are Contested — Policyholder Pulse — July 20, 2020

Even when an insurance coverage firm makes an attempt to disclaim its protection obligations, there are nonetheless processes {that a} policyholder can discover, wanting litigation, that would resolve a protection dispute.  Appraisal is an alternate dispute decision course of designed to effectively resolve measurement disputes between policyholders and their insurers. …

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New Hurricane Harvey Opinion Supplies a Roadmap to Defeating Widespread Policyholder Legal professional Techniques

Policyholders attorneys typically attempt to skip the edge steps of bringing their consumer’s declare inside protection and allocating between coated and non-covered causes of loss.  As an alternative, the policyholder legal professional would have the insurer first disprove protection, or a minimum of first justify its protection place.  These techniques …

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COVID-19 Enterprise Interruption Litigation and Trade-Huge MDL Versus Insurer-Particular MDLs — Policyholder Pulse — August 17, 2020

With a whole bunch of instances now pending nationwide involving insurance coverage protection claims for enterprise interruptions stemming from the COVID-19 pandemic, a federal panel has been contemplating the prospect of consolidating the litigation into one multidistrict litigation (MDL) to advertise their environment friendly decision. On August 12, 2020, the …

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