Proud Neighbors In Cincinnati
Proud Neighbors In Cincinnati
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
