Running a business involves inherent risks. But for those who are just starting out, their focus often shifts toward immediate priorities. However, the smooth operation of a business is not all about product development or securing customers. It is also about...
Proud Neighbors In Cincinnati
Proud Neighbors In Cincinnati
Insurance Law
3 situations that could leads to allegations of bad faith insurance
Both federal and Ohio state laws create legal obligations for insurance providers. They must attempt to uphold their insurance policies in good faith based on the coverage people expect to have. If someone believes that an insurance company has mistreated them or has...
Hard and soft insurance fraud: What’s the difference?
Insurance fraud is a billion-dollar industry in this nation, so insurance companies have reason to be wary of many of the claims that they receive. Industry experts say that there are two main types of fraud they see among consumers — hard and soft. Here’s what that...
What you need to know as an insurer to comply with ERISA
There are many different laws and rules that insurers must comply with to remain in good legal standing with both federal and state government agencies. The Employee Retirement Income Security Act of 1974 (ERISA) is one of those. ERISA affords certain rights and...
Patient noncompliance as a defense to a large insurance claim
Pushing back against large insurance claims can be a difficult and even a risky thing to do. Unsuccessful insurance defense might result in allegations of bad faith insurance practices, which can cost even more than an approved claim. Whether your company has a...