The simple truth is that insurance policies are nothing more than a company choosing to allow the transfer of risks in exchange for dollars from Policyholders. Insurance companies estimate that assuming the risk of disaster on behalf of their clients can be a lucrative field because they believe the majority will not need their services. …
Insurers, Claims, and How They Affect Policyholders Read More »
Every so often, insurance companies are exposed for engaging in bad faith litigation. A “bad faith insurance claim” is typically seen as an insurer attempting to renege on their obligations to their clients by refusing to pay, or attempting to find an excuse not to play. This is not an attempt to embarrass or disparage …
Myths run rampant in every industry about insurance claims. Whether you’re shopping for a new house, automobile, kitchen appliance, or something else entirely, you’re probably wary of secondhand information, sleazy sales tactics, and industry myths that may derail your decision process. Plaintiffs and their personal attorneys also struggle with myth busting. At times, they are …
It should be no surprise that insurance claims representatives do not always fight fair. When an injured victim files a claim and begins negotiating with a claims rep in order to decide on a settlement offer, the insurance company must never negotiate in bad faith. In the United States, insurance companies are obligated to operate …
Bad Faith Tactics Used By American Insurance Companies Read More »
The primary job duty of a personal injury attorneys is to fight hard on the behalf of their clients and represent them with dignity in a court of law. Every lawyer wants to maximize their clients’ financial compensation, and many attorneys pride themselves on the lofty settlement amounts they have won on behalf of their …
Common Negotiating Mistakes Made by Personal Injury Attorneys Read More »
To successfully negotiate a bodily injury settlement, you must first understand how to evaluate your injuries and set their values. Medical bills, pain and suffering, and loss of enjoyment of life are all critical aspects of putting together a comprehensive bodily injury settlement request. Value estimation can be difficult at times. Few individuals know how …
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