An Oklahoma court has approved a settlement in a nationwide class action lawsuit filed by Farmers Insurance auto policyholders who claim the company shortchanged them on claims for medical expenses filed in the wake of auto crashes. Under the terms of the settlement, approved earlier this week by the District Court of Canadian County, the [...]
Is there a specific period of time in which insurance claims must be made before they are barred as a matter of law? In , Shaun Marker focused on one sentence fragment from the recent Florida case of , 63 So. 3d 914 (Fla. 4th DCA 2011), which appears to have turned the issue of [...]
A recent survey has claimed that majority of people of UK do not know anything about legal expenses insurance. The research has found that approximately 25 million UK families are covered under this type of insurance program. The research was carries out by Consumer Focus which was aimed increasing the consumer awareness of the product. [...]
Two more auto insurers have joined the growing ranks of companies declaring deep losses in recent months, with Infinity Property and Casualty announcing an 80 percent drop in profits and The Hartford reportedly breaking even during the third quarter of 2011. Infinity officials said net earnings for July through September fell to $6.1 million, down [...]
For the second straight term, a bill has been filed in the Florida Legislature designed to make changes to the well-settled legal principles that have successfully governed our state for many years and have held insurance carriers accountable when they act improperly. Instead of holding insurers accountable when their wrongful actions cause harm to others, some in the [...]