The 2024 Atlantic hurricane season came in with a bang, and there’s still a long way to go. Hurricane Beryl, the season’s first hurricane and the earliest Atlantic category 5 storm on record, may cost U.S. insurers $2.7 billion, according to catastrophe modeling...
If you are like most businesses, you pay a considerable sum for insurance coverage. In return, when you submit a claim for covered losses, you expect the insurance company to reimburse you. Unfortunately, insurance companies routinely look for excuses to unfairly deny...
Insurance contracts generally require that policyholders provide the insurer with proper notice of a claim and, in many cases, an occurrence that may lead to a claim. Insurance companies insist on notice provisions to protect their interests. Prompt notice of a claim...
It’s very important for you as an insured to know in advance what will happen in the event of a significant dispute with your insurance company. Whether you are in the claims process or filing a lawsuit, state law is going to apply to your claim either in...
In the recent decision of USAA Texas Lloyds v. Menchaca, the Texas Supreme Court ruled that homeowners and other insureds can rely on Texas law to seek damages against insurance companies for unfair and deceptive practices in their investigations and payments...
