It is not an over-statement to say Texas Insurance Companies make lots of money and profits. Many of these companies are based in or have big offices in Dallas and Fort Worth. Having said that, every few years one will go out of business. When an insurance company goes out…
A DFW area (Weatherford) widow and resident of Texas, recently got a good settlement involving a credit life insurance policy. In 2005 a man went into a local car dealership to buy a new truck. After the down payment and trade-in he financed a little over $27,000 on the truck.…
The United States Court of Appeals for the Fifth Circuit has upheld a decision from the Northern District of Texas wherein the District Court Judge upheld a claim denied by National Union Fire Insurance Company of Pittsburgh, Pennsylvania. The stated reason for denial was that the circumstances of death did…
Insurance companies are notorious for delaying payment and dragging a claim out and the result being that many people get frustrated and give up or walk away. What the person who was wronged by the insurance company does to “get back” is change insurance companies. Insurance companies are highly regulated…
Some people know what a Credit Life and Disability Policy is but not everybody. Essentially it is a policy of insurance that is purchased by a borrower of money and the policy is suppose to do two basic things. One, pay off the loan in the event the insured person…
If you listen or watch the news much, especially around election time you would think that the only thing insurance companies ever do is pay claims. And not only do they pay claims, but they pay nothing but frivolous claims. And of course that is why your insurance rates are…
The Texas Supreme Court in the case Tanner vs Nationwide has ruled in a case concerning exclusions for “intentional acts” committed by an insured driver. The case facts involved a high speed chase wherein the driver, Gibbons was fleeing the police going at speeds in excess of 80 miles an…