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Insurance Claims
- Do Insurance Companies Profit By Delaying Payment of Claims?
- Health Insurer Sued for Deceptive Sales Practices
- Farmers Group Settles Overcharging Suit for $455 Million
- Workers Compensation and Accident Claimants to Receive $72.5 Million In Settlement From The Hartford
- Anthem Settles Rate Hike Investigation for $20 Million
News
Do Insurance Companies Create Crises to Boost Profits?
Posted on 12/23/2011
Insurance Company Gave Millions to Illinois Supreme Court Justice
Posted on 9/16/2011
Humana Denies 39% of Kentuckians' Applications for Health Insurance
Posted on 9/13/2011
United Healthcare Denies 43% of Kentuckians' Applications for Health Insurance
Posted on 9/12/2011
Tennessee Law Exempting Insurance Companies from Consumer Protection Laws Criticized
Posted on 4/21/2011
Library
Insurance Claims
- Do Insurance Companies Create Crises to Boost Their Profits?
- Are life insurance benefits payable where death results from accidentally running a stop sign? Since an ordinary person would characterize running a stop sign as an accident, life insurance benefits payable for an accidental death must be paid.
- Uninsured Motorist (UM) Benefits May Be Recovered In Work Death Kentucky Court of Appeals Rules In State Farm v. Slusher
- What are the Insurance companies' "Tricks of the Trade?"
Firm News
Rescission: When the Insurance Company Doesn't Want to Provide the Coverage You've Been Paying For
Posted on Sep 09, 2009
This article, "When Your Insurer Says You're No Longer Covered," in the Washington Post discusses the insurance industry practice of rescission, which occurs when a company cancels a policy because it claims it was misled. It is unclear how widespread the practice is although the five largest insurers in California have paid $19 million in fines over the last year and a half for wrongly cancelling policies. One of these insurance companies, Health Net, paid a $1 million fine and admitted to paying bonuses to employees for coming up with reasons to try and justify rescinding a policy.
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