Insurance law falls into three major categories. First, the insurance company will hire lawyers to represent the insured in case they are sued for something related to their insurance contract. These are known as “insurance defense attorneys.” The second category of insurance law helps insured people determine when an insurance company must pay a claim. Third, insurance companies typically hire attorneys to make sure the company complies with all applicable laws and regulations, which can vary by state.
Topics: Coverage disputes, insurance bad faith, cases, news, perspectives, and practices.
Lawyers v. Insurers
Duty to Defend Insurance Coverage for the Unquestionably Unusual Shore Chan Bragalone Depumpo LLP, etc. [Shore Chan] v. Greenwich Insurance Company [GIC] 3:11-CV-0891 (N.D. Tex. 4/11/2012). The Shore Chan (SC) firm had a business arrangement with one Steven Thasher to...
THE SHIP “EVER GIVEN” AND THE SUEZ CANAL DISASTER OF 2021
I have published several pieces regarding the story of the diagonally trapped ship stuck in the Suez Canal beginning on March 29, 2021, and then for six more days at the cost of several billion dollars and shipping and hundreds of millions of dollars in damages. ...
THE CHAMPLAIN TOWERS DISASTER
POSITIVE NEWS AS TO PROPERTY INSURANCE It is a pleasure for a commercial property insurer to get good press. In this case, Great American Insurance Company has indicated that it would tender its entire basic policy limits and pay additional coverages for Chaplain...
LOOK FOR COVERAGE
For many years, I have reported or advocated the view that the phrase "Look for coverage" is a key foundation and pillar to understanding and practicing sound claims handling practices aka adjustment. I learned this proposition and its status in the 1980s from Al...
Suez Ship Disaster of 2021 and Insurance
Suez Ship Disaster of 2021 & Insurance I wrote a piece about this event and its early aftermath and published it on April 6, 202. I have been adding new material as the case has developed. For example, I added one more about insurance on June 23, 2021--after the...
Texas Insurance Bad Faith Law: “Independent Injury”
The "Independent Injury" in Texas Insurance Statutory Bad Faith Law The idea of “independent injury” is part of the Texas laws of bad faith. It is about damages with a special origin, and perhaps, a new cause of action; it is as a cause of action that it should be...
Insurers’ Cancellation of Home Owners Insurance — Mold Claims Insurance Crises
FARMERS GROUP, INC. v. GETER, TEX. SUPREME COURT NO. 19-0996, DECIDED APRIL 9, 2021* * * *TEXAS MOLD CLAIMS YEARS 2000+ CREATED STATE-WIDE INSURANCE "CRISIS": A NEARLY FINAL DECISIONMICHAEL SEAN QUINN, Ph.D., J.D., ETC. ...
ARE COVID PANDEMIC BUSINESS INTERRUPTION LOSSES INSURED?
DOES 'MIKE'S MEET MARKET' HAVE COVERAGE FOR THIS LOSS? Present answer: Don't know. Hard to tell. No rock-solid, damn-certain Texas precedent. Lots of business, economic, political opinions floating about, some posing as obvious and therefore pseudo-certitudes....
INSURANCE AGENT LIABILITY AND BAD FAITH
INSURANCE AGENTS & BAD FAITH LAW VERY BRIEF SUMMARY Under Texas law, retained insurance intermediaries are not normally held liable for insurance bad faith, if for no other reason because insurance agents and their customs do not usually have the "special...
PRICE OF FLOOD INSURANCE GOES UP FOR MANY
MAJOR CHANGE IN FLOOD INSURANCE PREMIUM PRICES (2021-22)MICHAEL SEAN QUINN, Ph.D., J.D., C.P.C.U. Etc.*FEMA (the Federal Emergency Management Agency) has indicated that hundreds of thousands of persons and entities owning property in flood zones will pay...
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