Remove Claim Remove Insurance Carrier Remove Out-Of-Pocket
article thumbnail

Why We’re Still Talking About the J&J Class Action ERISA Lawsuit

R&R Insurance

It was thrown out on a legal technicality. In dismissing the two fiduciary breach claims, the court ruled that the plaintiff (an employee of J&J) lacked standing to bring a lawsuit. So, it must have been a nothingburger and theres no sense to talk about it anymore, right? Click here to read more.

article thumbnail

How You Can Get EPLI Quotes in Mere Minutes

ProWriters

Your business clients need Employment Practices Liability (EPL) Insurance , or EPLI. Without it, they risk incurring substantial expenses in employment-related claims. Why Do Businesses Need EPL Insurance Coverage? Out-of-pocket costs in settlements are rising. What Exactly Does EPL Insurance Cover?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Insurance Claims-Handling Best Practices: Ensuring Smooth Claims Processing for Your Clients

Word & Brown

According to reporting last year by KFF (the independent source for health policy research, polling, and journalism formerly known as the Kaiser Family Foundation) data from insurers for Affordable Care Act Marketplace plans show nearly 17% of in-network claims were denied in 2021. This amount includes all plan types (e.g.,

Claim 52
article thumbnail

FAIR Plan Under Fire: Class Action Claims Smoke Damage Coverage Falls Short

American Agents Alliance

By Mark Robinson In July 2024, a significant class action lawsuit was filed against the California FAIR Plan, accusing the state’s fire insurance backstop of improperly denying smoke damage claims in violation of California Insurance Code Sections 2070 and 2071.

Damage 40
article thumbnail

How to Read Homeowners Insurance Quotes

TGS

TGS Insurance » Blog What Is a Homeowners Insurance Quote? A homeowners insurance quote is the proposed amount that you would pay an insurance carrier to cover your home. The quote will be based on many factors, including your home’s age, building features, location and size, as well as your insurance score.

article thumbnail

How Home Renovations Can Affect Your Homeowners Insurance Policy

TGS

Whether it’s a big project involving reconstruction of part of your home, or a small project that will increase the value of your home or personal property, your renovation will affect your homeowners insurance. In order to make sure you have the right continuous coverage, always consult your insurance agent!

article thumbnail

Medical Health Insurance Broker Can Simplify Your Choices

Smart Insurance Agents

Unlike agents tied to one insurer, brokers work with multiple companies to give you unbiased options. Key Takeaways Medical health insurance brokers serve as independent intermediaries, offering a broad range of plans from multiple insurers to provide unbiased, personalized advice for clients.