property damage claim News

Suspected Oklahoma Shooter Accused of Stealing Insurance Settlement

Federal investigators say an Oklahoma man who fatally shot himself this week after being suspected of killing two people was facing felony charges connected to an insurance scheme. An FBI affidavit alleges that 55-year-old Timothy Michael Deffner of Norman stole …

Florida Appeals Court Provides Guidance on When an Insured’s Bad Faith Lawsuit is Ripe

In Florida, insureds can bring civil lawsuits against insurance companies when the insured is damaged by the insurance company’s not attempting to settle claims in good faith when all of the circumstances indicate the insurer could and should have done …

Estop it Right There: Chapter 7 Bankruptcy and Property Claims

An insured’s Chapter 7 bankruptcy is an interesting and often unexplored issue that can have a large impact on an insurer’s potential liability. If an insured has filed for bankruptcy under Chapter 7 of the Bankruptcy Code, he or she …