There is no question where Oklahoma Insurance Commissioner Glen Mulready’s mindset is focused these days. Official statements from Mulready’s office stress that his department is strongly thinking about the welfare of Oklahoma insurance policyholders in the wake of a current spate of truly bad weather.
Oklahoma and steady jumps in homeowners’ insurance premiums. They go together like bread and butter.
A federal judge recently decided to bypass a jury’s input on a key question relevant to an insurance dispute. Instead, the court ruled in a summary judgment outcome that an insurer clearly acted in bad faith in its treatment of a policyholder’s claim.
As a logical lead-in to the above-posed blog headline query, we ask our readers across Oklahoma and elsewhere to consider the following facts. And please note that they are indeed facts and not something merely hypothetical to make a point. The following story is true, and not something that is particularly shocking in the annals of insurance company-linked tales.
As an Oklahoma health care policyholder, you just want to be timely and fairly compensated by your insurer when you submit a valid treatment claim, right? It’s not rocket science. You duly satisfy your contractual obligations and rightly expect that your insurance provider will do the same. After all, it is happily taking your money.
Americans are hardly a one-of-a-kind bunch. Based on any number of reports or studies, we seem to collectively line up on opposing sides as proponents and critics concerning just about any subject matter.
Carrie Ann Lucas lived a dynamic and meaningful life that ended early late last month at the age of 47.
Let us count the ways.
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.”
Hawaii’s huge Kilauea volcano violently erupted last year. The wake of that cataclysmic event has spawned continuous seismic activity, both natural and human-based. We touch upon the latter in today’s blog post.