Under Texas law, insurance companies are required to process claims in good faith and fair dealing. That means that every time an insurance company receives a valid claim it promptly investigates it, and then pays out the full amount for...
Bad faith is an intentional dishonest act aimed at deceiving others. In the insurance context, the meaning is much broader and technical: Bad faith is when the insurance company fails to attempt in good faith to make a prompt, fair,...
Amnesia is defined as the inability to recall information stored in our brain which is also referred to as loss of memory. Post-Traumatic Amnesia (PTA), on the other hand, is defined as a state of confusion that may occur immediately...
Withholding overhead and profit have become a common practice in hail storm claims handling for insurance companies. Insurance companies demand that overhead and profit are actually incurred before paying claims. Considering that overhead and profit are an estimated 20% of...
