Mansell, Engel & Cole

Posts tagged "Insurance Disputes"

Insurers/adjusters might question court outcome, but not insureds

A recent article authored by the national publication Claims Journal cites the “shock waves” reverberating in the insurance industry in the wake of a court decision addressing liability in a bad-faith matter. The Journal states that an appellate court decision from a Washington state tribunal has reportedly chilled “adjusters and insurers across the country.”

Insurer can’t perform in wake of massive fire; taken over by state

Catastrophic events always test the mettle of an insurance company, whether in Oklahoma or elsewhere. Indeed, it is often in the wake of something like a massive tornado or hurricane that an insurer is truly tested. Will it proactively and timely respond to legitimate policyholder concerns? Will it pay claims in a full and prompt manner?

Residents, officials dealing with eastern Oklahoma tornadoes

The final day of November was anything but kind to many Oklahoma residents in in the east central part of the state. Residential occupants and business owners across a swath of counties were hit by multiple tornadoes, which reaped considerable property damage over a broad area.

State-created insurance company faces outsized payment problems

This is a not a story of an insurance entity’s bad faith or questionable failure to act regarding a relatively limited number of policyholder complaints. Rather, it is a flat-out singular tale chronicling a huge issue confronting potentially 35,000 or more homeowners in one state.

Recent storms yield state of emergency in Oklahoma

The most relevant term concerning storm systems that move across Oklahoma is unquestionably “across.” Oklahoma is frequently a venue for nasty weather patterns that affect cities, towns and agricultural enclaves from one end of the state to the other. Widespread storms understandably pack a big punch, bringing the ready potential to inflict heavy damage relevant to both human life and property.

What does credit insurance entail and protect against?

At least a portion of the answer to the above-posed blog headline can be supplied from a single sentence in our immediately preceding post relevant to all types of insurance. We noted in our October 12 entry at Mansell, Engel & Cole that “the essential idea and thrust of insurance is clear enough: its purpose is to protect against loss and risk.”

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