Month: September 2008

State Farm Dreams | Property Insurance Coverage Law Blog

State Farm Dreams | Property Insurance Coverage Law Blog

Established in 1985, SRC Insurance Agency Blog is a leading insurance litigation law firm committed to assisting policyholders receive fair and just outcomes from their insurance companies. Property insurance law is a highly complex and specialized area of law and our firm represents policyholders when claims are denied, delayed or underpaid. Call Us: 877-449-4700 MerlinLawGroup.com

First Reports Of Ike Damage | Property Insurance Coverage Law Blog

Our office in Houston has been without power for a week. Tina Nicholson, who heads up our Houston office, held out for awhile, but has worked out of Gulfport since Wednesday. Frank Chimento spent most of the week working out of the Houston Omni, which is flooded with adjusters from all over the country. Initial …

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AIG’s Bailout | Property Insurance Coverage Law Blog

On Monday, I was working on the Port of New Orleans lawsuit against Factory Mutual, when it dawned on me that the Port’s current property program was underwritten by Lexington Insurance Company. I wondered how many large corporate risk managers were calling their brokers concerned that a possible bankruptcy by AIG would affect an entire range …

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State Farm Gears Up For Ike | Property Insurance Coverage Law Blog

State Farm has apparently made a significant push in manpower and communications regarding the adjustment of claims in Louisiana and Texas. It takes thousands of adjusters and sufficient communications to get the job done promptly.  Delay caused State Farm’s old claims mantra under Frank Haines–”pay neither a penny more nor less”–has no place in the claims process, …

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Hurricane Ike is going be similar to Ivan and Katrina | Property Insurance Coverage Law Blog

Wind versus flood. Insurance companies will use causation to deny claims just as they did in the hundreds of cases we litigated after Ivan and Katrina.  We will retain meteorologists and structural engineers as this issue  will be litigated in Texas and western Louisiana. Rimkus and Haag are located in Texas. I wonder how many outcome oriented reports …

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