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Quote of the Day - God made time, but man made haste. - Irish Proverb
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Insurers Held to Tight Deadlines

Much of my practice includes dealing with insurance companies, which is inevitably frustrated by untimely responses. You tender a claim, and the carrier gets back to you sometime in six months. California has a Fair Claims act that requires a coverage determination within 40 days.

Insurers rarely meet that deadline. We then take carriers to task for those and other eggregious violations. Run this search and you'll discovery a veritable gaggle of Plaintiff's bad faith lawyers.

In New York, the Court of Appeals (the highest court in the State of New York) just held that a 48-delay is unreasonable as a matter of law.

For Chief Judge Judith Kaye (or any judge), those (as a matter of law) are strong words. Words that attorneys can use to deal with recalcitrant insurance companies.

The Bad Faith lawyers have to love this decision.

Printer friendly page Permalink Email to a friend Posted by J. Craig Williams on Monday, November 24, 2003 at 18:59 Comments Closed (0) |
 
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