Another Homeowner comes to understand how Insurance Companies really work

I noticed this letter from a Long Island, New York homeowner who was a victim of Hurricane Sandy, the letter was written to NEWSDAY and they published it. See the letter/ story here Myra Kennett Baldwin was expressing her frustration that after many years of paying for insurance on her … [Continue reading]

Filed Under: Insurance Issue from around the County, Insurance Justice™, Plaintiffs Insurance Coverage |Tagged With: , ,

New Jersey Puts Insurance Companies on Notice on how to act if Meditation is requested by a policy holder; Sandy Claims

If Hurricane Sandy Claimant requests mediation for their windstorm claim, the insurer is required to forward the request to the AAA  (American Arbitration Association)  within one business day of receiving the request from the policy holder. This is a good ruling to stop the delay tactics that are all too common as part of the insurance companies broad strategies to underpay claims.  see … [Continue reading]

Filed Under: Insurance Issue from around the County, Insurance Justice™, Insurance Policies |Tagged With: , ,

New York State Pushes news rules to make Insurance companies accountable

Sandy Claims are now subject to new rules for claims response in New York State. New York State has enacted news rules where if an insurance company cannot finalize a claims within 15 days, they can no longer push that decision off for 90 days through an extension, and then possibly continue to request unlimited 90 days extensions. Bottom line, now … [Continue reading]

Filed Under: Home Owners Claims, Insurance Issue from around the County, Insurance Justice™ |Tagged With: , , , , , ,

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