When you buy a home, your mortgage company mandates that you purchase homeowner's insurance. This can protect you if unforeseen events cause damage to your home, including fire, theft or weather events. However, flood damage is not covered by typical homeowners'...
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What is a bad faith insurance claim?
Whenever California policyholders make insurance claims, they must face the realities of dealing with their insurers. These businesses deny claims, in part to make it more difficult to get money from them. This is in spite of a contract for coverage. Policyholders can...
How do I know if have a claim for bad faith?
In California, insurance companies operate in superior positions when handling claims as compared to the businesses or individuals filing them. Since they control when a claim might be paid and how much they might offer to settle them, the state requires them to act...
What is bad faith in an insurance context?
Insurance is great protection to have for life's uncertainties. Whether it is protecting a home, a business, or even personal liability in case of an auto accident, it is indeed a necessity for practically everyone. But, when claims are filed in California, the...
Do coverage limits factor into D&O coverage?
Running a business enterprise, especially a large corporation, requires making critical decisions and carrying out duties based on available knowledge. Directors and officers might make a mistake when performing their tasks, and mistakes could lead them into trouble....