Robert Trautmann – June 9, 2013 As I mentioned in a prior post, I was recently given the opportunity to meet with one of the foremost experts in the insurance industry. We discussed compensation for insurance adjusters, specifically bonuses. When I worked for an insurance carrier, the bonus structure for all employees was a two… Continue reading Insurance Bonuses: An Inherent Conflict of Interest
Tag: insurance
How Should a Neutral Evaluator Conduct an Investigation After Shelton?
Larry Bache – May 9, 2013 Last week, I highlighted a recent trial court order in Shelton v. Liberty Mutual Fire Insurance Company,1 where a federal trial judge ruled the plain meaning of the term “structural damage” is applied to a sinkhole claim, despite the May 17, 2011 amendments, unless the policy defines the term differently. This… Continue reading How Should a Neutral Evaluator Conduct an Investigation After Shelton?
Idaho Supreme Court Holds There is Coverage for Attorney’s Fees even Though There are No Covered Damages
Matthew E. Hedberg – April 30, 2013 Last week, the Idaho Supreme Court held that Employers Mutual Casualty Company is required to cover attorney’s fees awarded against a builder that it defended against faulty workmanship claims, even though the court found the insurer had no duty to cover damages in the underlying suit. The underlying… Continue reading Idaho Supreme Court Holds There is Coverage for Attorney’s Fees even Though There are No Covered Damages
Insurers Have a Duty to Defend Construction Defect Claims … Maybe.
Robert Thomas – April 18, 2013 Earlier this week, the Intermediate Court of Appeals (ICA) issued an important decision, concluding that insurance companies have a duty to provide a defense for policyholders when they are sued for construction defects. This seems like good news to the insureds. But all is not clear after the court’s… Continue reading Insurers Have a Duty to Defend Construction Defect Claims … Maybe.
Trial Lawyers vs. Business Groups: ‘Bad Faith’ Changes Take First Step
Jim Saunders – March 28, 2013 Amid a renewed lobbying fight between business groups and trial lawyers, a House panel Wednesday narrowly approved a bill that could help shield insurers from big-money lawsuits in disputes about settling claims. The House Civil Justice Subcommittee voted 7-6 to approve a measure (HB 813) aimed at reining in… Continue reading Trial Lawyers vs. Business Groups: ‘Bad Faith’ Changes Take First Step