In the complex world of insurance, claims adjusters are an important part of evaluating and settling claims. However, their responsibilities come with potential risks. One significant concern is the possibility of facing professional liability lawsuits. 1. Inadequate...
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Month: August 2021
Signs of a fraudulent insurance claim
Insurance is a crucial financial safeguard that helps protect us from unexpected events, such as accidents, damage to property or health crises. Insurance claims provide policyholders with financial support when they encounter covered losses. However, there are...
Strategies to avoid bad faith insurance claims
Allegations of bad faith plague insurance agencies throughout the country. While some claims are valid, other complaints are often found to be lacking merit. However, the damage is permanent to a company’s reputation, not to mention its financial bottom lines....
Preventing bad faith claims: tips for insurers
When an insurance company acts in bad faith, it can result in costly and time-consuming legal battles. Not only can this harm the company's reputation, but it can also lead to financial losses. However, there are steps that insurers can take to prevent bad faith...
When are third parties liable for trucking accidents?
Truck accidents can cause extensive property and physical damage to passenger car occupants. Those involved in the crash may want to hold the trucking company responsible. If third-party negligence contributes to a truck crash, trucking companies may be able to prove...
Understanding common defenses in slip-and-fall cases
People can experience a slip-and-fall injury at various locations: stores, schools, private homes, malls, public streets, businesses, sidewalks and more. These accidents can leave the person with serious injuries. Sometimes, in the wake of a slip-and-fall accident,...
Steps a creditor should take when a borrower files bankruptcy
Bankruptcy is a legal process available to individuals and corporations looking for debt relief. As a creditor, you must know what to do if someone who owes you money files for bankruptcy. Creditors must abide by the bankruptcy laws restricting collection against a...
What happens when a government construction project goes wrong?
When you do construction for a government agency and something goes wrong, you could find yourself in a complicated situation. Working with the government is different from working with regular clients. You could be liable for some issues while other things are not...
Accident reconstructionists can assist truck crash investigations
The collection of evidence left at the scene of a commercial truck crash is essential in determining how the accident happened. A trucking company’s legal team may call upon forensic engineers and accident reconstructionists to assist in gathering evidence from a...
Clearly worded contracts help construction firms avoid lawsuits
Disputes are common in the construction industry. The parties involved can either settle their differences amicably or go to court. Since the contract controls almost every aspect of a construction job, it must contain clear, concise wording or litigation can result....