Property Insurance Coverage Law Blog | Merlin Law Group | Insurance Federal Legislation for Propert

Time 2020-10-17 03:03:21

Web Name: Property Insurance Coverage Law Blog | Merlin Law Group | Insurance Federal Legislation for Propert

WebSite: http://www.propertyinsurancecoveragelaw.com

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The questions have been pouring in about various immediate losses all over the country. They typically start like this:“Chip, what are you guys doing about [fill in the blank] claims in [fill in the state]?” Continue Reading Chip @2 on Friday—Business Interruption Lawsuit Update, Louisiana Hurricane Issues, Derecho Losses, and Smoke on the Water and in the AtticAs wildfires continue to devastate California yet again, countless homes and businesses have been destroyed. The destruction of buildings and other property, however, does not even begin to reflect the actual extent of wildfire damages. Thousands more homes and business have been affected by smoke damage. Unfortunately, some insurance companies will refuse to recognize smoke damage alone if a property was not actually touched by a fire. If you can demonstrate that smoke has indeed affected a building and personal property, then you can also demonstrate damages and the insurer should be held accountable to pay to return the smoke affected property to its pre-loss condition. Continue Reading The Importance of Demonstrating that Damages Exist in Smoke Damage Insurance ClaimsInsurance has been woven into the tapestry of human society dating back to ancient times. At its core, an insurance policy is a contract of indemnity between an insurance company and an insured. The policy is subject to the same rules that govern other contracts unless those rules are specifically modified by statute.1 Continue Reading Interpreting Insurance Contracts in FloridaThe impact of Hurricane Delta six weeks after, and within fifteen miles of the same path of Hurricane Laura’s landfall in Southwest Louisiana, has many policyholders questioning the application of the Louisiana Homeowners’ Hurricane, Named-Storms, and Wind and Hail Deductible Law.1 We have received many calls from policyholders and public adjusters regarding various interpretations of the law, particularly, the misconception that it allows insurers to apply only one deductible in a calendar year. In recent blogs we discussed the Law and its triggers. Today we want to help Louisiana policyholders understand the legislative intent and the correct application of deductibles in the event of more than one Hurricane, Named-Storm, or Wind and Hail loss impacting their covered property in the same calendar year. Continue Reading Understanding and Applying the Louisiana Homeowners’ Hurricane, Named-Storms, and Wind Hail Annual DeductibleRemember the old EF Hutton commercials with the point being: “When EF Hutton talks, people listen”? That is how I feel about Merlin Law Group attorney Ed Eshoo when Ed makes a point about property insurance law. Continue Reading The Ten Most Common Mistakes Made by Public Adjusters During an Insurance ClaimOutsourcing of claims functions is occurring at an increasing rate. One insurance claims expert told me that most insurers are not investing in the expertise of younger adjusters but simply outsourcing the details of property insurance adjustment to outside vendors. These outside vendors are neither licensed as insurance adjusters under the control of insurance regulators nor are they trained to appreciate the ethical obligations property insurance adjusters have to the public and especially the insurance customer. Continue Reading The Big Insurance Claims Trend—Moving From In-House Adjuster Excellence to Surrogate Unlicensed Claims ProfessionalsAmericans hate to be told that we cannot do something. I think it is just in our DNA. Since the time we are little, we are taught to “never let somebody tell you that you cannot ..” Name the dream you want to accomplish because, in America, you can do it. Continue Reading Adjusting and The Unauthorized Practice of Law—Thoughts About What Public Adjusters Can Do in AlabamaShawnee Tabernacle Church (“Shawnee”) is a Congregation located in Monroe County, Pennsylvania. The church was insured by GuideOne Insurance (“GuideOne) with a policy that included the following language under the title “Pennsylvania Changes”:Notice of Acceptance or Denial of ClaimExcept as provided in 3 below, we will give you notice, within 15 working days after we receive a properly executed Proof of Loss that we:A.) Accept your claim.B.) Deny your claim; orC.) Need more time to determine whether claim should be accepted or denied.1) If we deny your claim such notice will be in writing and we will state any policy provision, condition or exclusion used as a basis of denial. If we need more time to determine whether your claim should be accepted or denied, the written notice will state the reason why more time is required.2.) If we have not completed our investigation, we will notify you again, in writing, within 30 days after the initial notice as provided in i.e., above and thereafter every 45 days. The written notice will state why more time is needed to investigate your claim and when you may expect us to reach a decision on your claim.3.) The notice procedures in 1 and 2 above do not apply if we have a reasonable basis, supported by specific information, to suspect that an insured has fraudulently caused or contributed to the loss by arson or other illegal activity; under such circumstances, we will notify you of the disposition of your claim within a period of time reasonable to allow full investigation of your claim, after we receive a properly executed Proof of Loss. Continue Reading Pennsylvania Bad Faith Archives: Shawnee Tabernacle Church v. GuideOne InsuranceContact UsWe want to hear from you! Please use the form below to submit a topic for our attorneys to blog about or contact us regarding a potential case you may have for a free attorney case review.Name Email Phone Reason for ContactMessage Please leave this field empty.This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.TopicsTopics

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Property Insurance Coverage Law Blog is written by the attorneys of Merlin Law Group and provides insights on Insurance and Policy for property owners.

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