In 1999, a family from Arizona filed a lawsuit against American Community Insurance after the company falsely claimed a pre-existing condition and denied coverage of a 10-year boy (Ryan) dying of a rare form of cancer. Larrabee family won, but lost their son.
They're slogan is: "People who care. Policies that protect." They forgot to include ...unless your child is diagnosed with a rare disease that results in hundreds of thousands of dollars in medical bills.
Liability and medical insurance.
Yes as long as your policy was active when the accident happened.
E&O insurance is a good way to protect agents against lawsuits. However you don't absolutely have to have it.
There are usually a lot of lawsuits against any insurance company go my guess yes
No, there are plenty of laws and regulations that address overhead and profit. Contractors charge it and insurance companies pay it. That's the nature of the beast. The insurance company that doesn't pay it is not only an exception to the rule but runs the risk of breach of contract and bad faith lawsuits as well as sanctions by insurance departments. There has been much litigation against insurance companies that mess around with overhead and profit, including several class action lawsuits against major insurance companies.
Public liability is a type of insurance policy. This insurance protects or covers the user for legal liability to third parties (that is, potential lawsuits against them imposed by third parties).
It is extremely important to purchase general liabilty insurance because if not, your business will have to pay to defend itself from lawsuits out of pocket. Unfortunately even unmerited or frivilous lawsuits can be costly to defend against. Liability insurance is priced based on risk so if you dont have a lot of risk of the policy being used, you wont pay much either.
soon to be.
Yes, there are current lawsuits filed against the US military, on issues ranging from discrimination against Atheists to the use of torture in the interrogation of detainees.
Comp covers theft and accidents iwth other cars. Liability protects you against lawsuits from other people.
Arbitrations are not lawsuits. They are INTENTIONALLY private, unlike lawsuits which are public documents.
30,000