by Cheryl Bellows | May 2, 2017 | Uncategorised
Seventy-three percent of rate requests by insurance companies filed with the Office of Insurance Regulation last year were approved for increases, Altmaier told the House Commerce Committee last week. The highest rate hikes have been imposed in South Florida, where...
by Cheryl Bellows | Apr 27, 2017 | Uncategorised
A judgment that exceeds an insurers initial claim settlement offer by a narrower margin would result in neither side receiving attorneys fees or, if the margin is narrow enough, the insurer being entitled to attorneys fees. Insurers and their supporters mostly spoke...
by Cheryl Bellows | Apr 18, 2017 | Uncategorised
According to newly-released numbers from the Insurance Information Institute , companies paid $9.1 million for dog bite injuries to other dogs, as well as people. While some dogs are less likely to bite than others insurance companies say never assume your dog will...
by Cheryl Bellows | Apr 17, 2017 | Uncategorised
The lack of transparency of the claims and the lengthy process makes the claimant feel frustrated about it. The claim processes cost the industry more than 15 percent of the total indemnity payout annually. The company uses mobile, AI and video communication platforms...
by Cheryl Bellows | Apr 17, 2017 | Uncategorised
But that leaves millions at risk of vet bills running into thousands of pounds. Read More Devoted dog owner takes pooch to vets by HELICOPTER in desperate bid to keep her alive Rebecca Hollingsworth, general insurance policy adviser at the ABI, said: Last years record...