Segal McCambridge’s Post

Casualty #insurance offers peace of mind, but #claim denials can quickly turn stressful. Common reasons for denials include: ▶ Policy exclusions ▶ Failure to notify ▶ Lack of coverage ▶ Misrepresentation or fraud ▶ Disputes over liability If your claim is denied or you suspect #badfaith practices, the #attorneys at HHP Law Group are ready to fight for your rights. Don’t settle for less than you deserve. Learn how we can help: https://bit.ly/3w4TOjz

Policyholders can use the doctrines of estoppel and waiver to allow, extend, or even create coverage. Jason Kosek and Seán McCabe, joined by Michael Aylward, will analyze and explain critical estoppel and waiver issues for policyholders and insurance companies, as well as the conflicting court rulings that influence this area of law. Join us on March 25th from 1:00pm-2:30pm EDT. Click the link below to register today and learn more about this CLE webinar. #insurancelaw #policyholders #policyholder #insurancelitigation

Following a three day trial lead by Partners Zasha Rodriguez and Gregory Hengber, a jury returned a verdict in favor of Citizens Property Insurance Corporation. It only took the jurors thirty minutes to agree with Citizens that the Plaintiff (also an attorney) (1) failed to comply with her Duties after loss and (2) that Citizens was not prejudiced by her non-compliance. For more information please contact Partner, Zasha Rodriguez zmr@mydefenselawyers.com #firstpartyproperty #insurancedefense #glg #trialwin

The APA is for the American Consumer, and we want to help YOU be prepared for any discrepancies you may face when dealing with an insurance claim. If you are a policyholder and aren't a member of the APA, please sign-up to be an Associate Member. This membership is a 𝑭𝑹𝑬𝑬 membership that provides the education and resources to the American Consumer in the case of dealing with insurance fraud. 🦅 #Membership #Policyholder #APA #501c4 #InsurerFraud #Protection

#D&O Policy Coverage: Specificity Matters in Bankruptcy Context   A recent decision by the United States Bankruptcy Court for the Southern District of Texas in In re Walker County Hospital Corporation serves as an important reminder to clients that are purchasing or renewing directors and officers (“D&O”) insurance coverage that the “Insured versus Insured” exclusion must contain the broadest possible exceptions for claims brought against directors and officers following a bankruptcy filing. Without the specific policy language, current and former directors and officers may be exposed to personal liability.   https://lnkd.in/eM5RWpT5   Assurtrak Insurance Brokers, LLC #DOLiability #Insurance #LegalInsights #DirectorsAndOfficers 

Georgia insurance and safety fire commissioner John King mentioned that insurance companies want to raise rates by around 25%. However, he has managed to negotiate to keep the increases around 12-14%. The pressure to raise rates is growing. It is essential for consumers to be aware of these potential increases and to shop around for the best insurance deals. Keeping an eye on your insurance rates and comparing options can help you save money in the long run. #InsuranceRates #ConsumerAwareness https://lnkd.in/drKX6N52

#D&O Policy Coverage: Specificity Matters in Bankruptcy Context   A recent decision by the United States Bankruptcy Court for the Southern District of Texas in In re Walker County Hospital Corporation serves as an important reminder to clients that are purchasing or renewing directors and officers (“D&O”) insurance coverage that the “Insured versus Insured” exclusion must contain the broadest possible exceptions for claims brought against directors and officers following a bankruptcy filing. Without the specific policy language, current and former directors and officers may be exposed to personal liability.   https://lnkd.in/e5CSr6sm   Assurtrak Insurance Brokers, LLC #DOLiability #Insurance #LegalInsights #DirectorsAndOfficers 

Progress is being made to combat legal system abuse, thanks to efforts by legislators -- well reported here by Insurance Insider US. American consumers want legislators to take action! Learn more from this survey from Munich Re and APCIA: https://lnkd.in/eNzzpwPW. #insurance #reinsurance #riskmitigation

Coverage for personal property #protects against losses, adding peace of mind like a security system. Replacement cost coverage ensures full value replacement. Liability #insurance #protects against lawsuits, serving as a legal guard. Documenting belongings aids in the claims process.

The negative impact of legal system abuse is not abating. If it continues unchecked, legal system abuse will likely perpetuate and send improper signals to jurors, judges and defendants about the value of damages. In turn, this can lead to higher insurance premiums, financial strain on insurers and reinsurers, depletion of municipal resources, and disincentives for businesses to take risks. https://lnkd.in/edr4j4Qf