Grand Prairie insurance lawyers and those in Irving, Arlington, Mansfield, and other places in the DFW area to know this case. The case is styled, Jones v. Texas Pacific Indemnity Company. It is a 1993, Dallas Court of Appeals opinion. Here is some relevant information: This is a summary judgment…
Weatherford insurance attorneys need to understand the idea of “insurable interest” as it relates to property insurance claims. A person or entity must have an insurable interest in the insured property to recover under an insurance policy. This was clearly stated in the 1993, Dallas Court of Appeals case, Jones…
Fort Worth insurance lawyers need to understand the different types of property insurance to be able to properly advise clients. As stated by a 1972, Dallas Court of Appeals case, property insurance involves the indemnification of the insured by the insurance company for the loss of, or damage to, identifiable…
Weatherford attorneys and those in Willow Park, Hudson Oaks, Aledo, Springtown, Milsap, Brock and other places in Parker County need to be able to understand a declarations page in an insurance policy. Some policies, especially first-party policies, contain a contractual time limit on claims. The policy must be read carefully…
Weatherford lawyers who handle insurance cases need to be able to read and understand a declarations page. So should attorneys in Mineral Wells, Aledo, Springtown, and other parts of Parker County and Palo Pinto County. The insuring clause is the insurance company’s agreement to provide coverage to the insured. One…
Dallas insurance lawyers need to be able to read an insurance policy declarations page. So do Grand Prairie, Richardson, Mesquite, Garland, and Carrollton lawyers. Insurance policies normally have a declarations page or pages. The declarations page sets forth the identity of the insured, the policy limits, and the duration of…
Fort Worth life insurance attorneys and those in Dallas and Weatherford will have occasion where they see a credit life insurance policy. These are generally sold as “credit accident and health insurance.” The Texas Insurance Code has specific sections dealing with this type of insurance. This type of insurance is…
Fort Worth life insurance attorneys and those in Dallas and Weatherford need to know what the requirements are in a policy. Texas Insurance Code, Section 1101.002(a), tells us life insurance policies must contain several prescribed provisions. These required provisions according to the Texas Insurance Code, generally include: (a) Section 1101.003…
Grand Prairie lawyers need to understand the legal purpose for insurance so that they can better advise clients about their cases. The purpose for insurance is to compensate for a loss. It is not a way of gambling. The United States Supreme Court said in 1866, that an insurable interest…
Fort Worth life insurance lawyers may already know some of this – but just in case, here goes. Life insurance pays a stated amount of benefits to the beneficiary upon the insured person’s death. The beneficiary is usually relatives but can be business partners and creditors. Usually, the policy has…