The Louisiana Department of Insurance has issued an advisory letter to property/casualty insurers operating in the state that seeks to clarify the interpretation and application of state law regarding policy deductibles in relation to named storms/hurricanes/subtropical storms. Advisory Letter No. …
Hurricanes Harvey and Irma caused massive devastation to Texas and Florida and now frustration for policyholders, their attorneys and public adjusters due to the named storm deductible on some policies. This week Cozen O’Connor hosted a webinar to provide a …
People looking to rebuild their lives after Superstorm Sandy destroyed and damaged their homes may now have another struggle on their hands: Navigating the often-frustrating claims process with their insurance companies. Sandy’s destructive path was much wider than last year’s …
The Connecticut insurance department issued a notice alerting the insurance industry that companies may not impose a hurricane deductible on Connecticut claims related to superstorm Sandy. “Please be advised based on information received from the National Hurricane Center and the …