In Your Business

Adjuster Estimates

In Your Business - News related to the Business end of Catastrophe claims handling.
 

National Lloyds Insurance Co and Compass Adjusting Services

Roy
/ Categories: Insurers, Vendors
National Lloyds Insurance Co and Compass Adjusting Services

Hurricane Ike trial ends in win for National Lloyds Insurance

According to the charge of the court, filed Wednesday, jurors answered “no” when asked if National Lloyds failed to comply with the terms of the insurance policy issued to Thibodeaux.

The jury further found that both National Lloyds and Compass Adjusting Services, the company that adjusted Thibodeaux’s claim, did not:

– Misrepresent the coverage of the policy;

– Fail to attempt in good faith to effectuate a prompt and fair settlement;

– Fail to provide Thibodeaux a reasonable explanation of the legal basis in the policy for the insurer’s denial of the claim;

– Fail to affirm or deny coverage within a reasonable time; and

– Refuse to pay a claim without conducting a reasonable investigation.

 

The above comes from a article on Southeast Texas Record   click here to read the full article

Comment

warning
You don't have permission to post comments.

Channels

In Your BusinessIn Your Business

In Your Business

News related to the Business end of Catastrophe claims handling.
KBKB

KB

Information and Resources on Claim Handling and Catastrophe work for adjusters and those looking to enter the claims handling industry.
LicensingLicensing

Licensing

Information and Resources related to Adjuster Licensing
Man Made CatastrophesMan Made Catastrophes

Man Made Catastrophes

NFIP SupportNFIP Support

NFIP Support

Information and Resources for insurance adjusters related to the handling of flood claims.
Policy SupportPolicy Support

Policy Support

Software CentralSoftware Central

Software Central

Adjusting Software information, reviews, discussions and links.
Storm PageStorm Page

Storm Page

The Storm Page, this is the CADO version of a weather page. On this page we provide information on current weather events, links to weather sites and weather related discussions. All adjusters are invited to share weather information by posting it in the forum or adding your favorite weather links to the Resource Directory. Also, if you have photos of weather related damage please share them by adding them to the Photo Gallery.