Parker County lawyers who handle insurance cases need to know some of the duties imposed on insurance companies when handling a claim for benefits. The Texas Prompt Payment of Claims Act is found in the Texas Insurance Code. It details the duties imposed on an insurance company when a claim…
Parker County attorneys who deal with insurance companies need to understand the obligations of insureds making a claim. Though an insured may end up doing many things, the actions are boiled down to two basic duties: 1) to give the insurance company notice of the claim; and 2) to give…
A Fort Worth insurance attorney will want to know about specific cases and the way the courts handled the cases. Here is an example of a case that is not seen very often. The style of the case is, Bekins Moving & Storage Co. v. Williams. This is a Texarkana…
Fort Worth insurance law attorneys need to know what insurance companies fall under the Prompt Pay statutes of the Texas Insurance Code. The Prompt Payment of Claims Act applies to all insurance companies, except those specifically exempted. The statute provides the following exemptions: 1) a stock life, health, or accident…
Fort Worth insurance lawyers should be able to discuss with their clients when a claim is not being paid timely and who can hold the insurance company for failing to pay the claim in a timely manner. Under the Prompt Payment of Claims statutes, Section 542.051 tells us a “claimant”…
Dallas insurance attorneys should know about the Prompt Payment of Claims Act. It is found in Chapter 542 of the Texas Insurance Code. This statute imposes deadlines for an insurance company to acknowledge, investigate, and accept or reject a claim. An insurance company that violates the statute is liable for…
Dallas insurance lawyers know the pre-suit requirements of filing a lawsuit against an insurance company. This essentially means giving the insurance company or agent, at least a sixty day written notice detailing what the complaint is and what you expect them to do about it. This notice must tell the…
Weatherford Texas insurance lawyers need to be able to discuss with clients the value associated with their claim. The Texas Insurance Code, Section 541.152, tells us that a winning claimant is entitled to: 1) actual damages 2) additional damages if the insurance company or it’s agent acted knowingly 3) court…
Weatherford insurance attorneys need to be able to discuss with clients what the value of their claim might be. Here is some food for consideration. Texas Insurance Code, Section 541.152 tells us a person who prevails in a lawsuit may obtain the following: – the damages actually suffered; – exemplary…
Weatherford insurance lawyers need to be able answer the above question. The problem with an answer is that, depending on the situation it is difficult to know when coverage will apply to a request for coverage for uninsured motorist protection. In 2008, the Texas Supreme Court issued an opinion in…