Understanding the deadlines for filing insurance claims in Ohio can protect your right to recover compensation. The state sets specific time limits that you must follow to keep your claim valid and avoid losing your benefits. What is a statute of limitations? A...
Proud Neighbors In Cincinnati
Proud Neighbors In Cincinnati
Insurance Law
How does Ohio regulate insurance policy rescission?
Insurance companies in Ohio can't just cancel your policy without reason. If you're facing a rescission, it means the insurer wants to void your policy as if it did not exist. This only happens under specific circumstances. Understanding when and how this can occur...
How do insurers assess damages in liability cases?
When an insurance company evaluates a liability claim, it must determine the extent of damages before deciding on a payout. This process involves analyzing various factors, including the type of damages, evidence, and applicable state laws. In Ohio, specific statutes...
How does climate change impact insurance defense?
Climate change and stronger natural disasters create big challenges for the insurance world. These issues make insurance claims harder to manage and solve. More claims and bigger losses Hurricanes, wildfires, and floods are happening more often and causing more...
How insurers defend against fraudulent property damage claims
Fraudulent property damage claims can cost insurers a large amount of money and result in higher insurance premiums. To protect themselves and their clients, insurers must take steps to identify and defend against false claims. Thorough claim investigation A thorough...
What is a defense against negligence in insurance?
In the context of insurance law in Ohio, negligence can be a complex issue. When facing a negligence claim, understanding the defenses available can be crucial for insurers and policyholders alike. Contributory negligence One common defense against negligence is...
Guarding against environmental claims with liability insurance
Environmental liability insurance is crucial for companies that impact the local environment. If a business causes ecological damage, it helps lower financial consequences. These damages include things like pollution or habitat disruption. Knowing the breadth of...
Three essential liability insurance coverage for businesses
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...
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...