Claims Adjusters Analysis

Sunday, April 16, 2017 Homepage 6:00 a.m. Sunday, April 16, 2017 Homepage 0 It is often said that insurance companies make money by not claims adjusters giving it away. That kind of belief comes about because dealing directly with an insurance company on a claim can often be frustrating and nonproductive. Florida has a special statute that provides that when an insurance company fails to pay a valid claim on behalf of one of its insureds that the insured has the right to hire a lawyer who is paid a court awarded fee against the insurance company. This is true regardless of what kind of insurance

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2017-05-03 / Posted in

Have You Ever Looked Into Claims Adjusters?

The bill goes a long way toward mitigating a cost driver for Florida insurers, said David Altmaier, the state insurance commissioner. But Rep. Joesph Geller, D-Dania Beach, unsuccessfully tried to strip the proposed fee claims adjusters formula from the bill, warning it was untested and unvetted and likely to be challenged in court. Insurers and their supporters say theyve been hit with escalating costs from South Florida attorneys who have figured out how to exploit a longtime consumer-protection law that shields policyholders from paying insurers legal fees if they sue over a claim and lose.

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2017-05-01 / Posted in