Yes, you can often appeal a denial or contest a decision made by your insurance provider. Your business likely carries multiple layers of commercial insurance, property insurance and other such policies. You may need to file a claim after significant property damage...
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Insurance Disputes
Is the insurance company acting in bad faith?
If you file a commercial insurance claim and it is denied, there may be a valid reason for that denial. Not all claims are approved, and there could be disputes over the evidence that has been provided or the provisions of your insurance policy in the first place....
When a commercial insurance provider stonewalls a valid claim
New York businesses may carry a number of different types of commercial insurance. From premises liability coverage and errors and omissions protection to business interruption policies, each form of insurance coverage helps mitigate a company's exposure and limit its...
Addressing manipulations during a commercial property claim
Successful businesses with commercial properties in New York generally invest in property insurance. Coverage is important for mitigating the organization’s liability if visitors sustain injuries while at the property. Commercial property insurance is also important...
Can companies get insurance for reputational damage?
A company’s reputation is widely considered its most valuable asset. Defining “reputation” and determining what goes into creating or damaging a business’s reputation isn’t a simple task. Reputation may be seen as one of those intangible things that can make or break...
Is your commercial insurance provider acting in bad faith?
As a business owner, you likely have significant insurance related to your company. At the very least, if you have real estate, you are going to have property insurance that should help if there is ever damage to that property. You need an insurance provider that will...
Navigating an unfair business interruption insurance claim denial
Large, successful organizations have significant ongoing operational expenses. Costs associated with worker wages and benefits accrue daily. Expenses for facilities, raw materials and marketing also require payment on a regular basis. Successful organizations control...
Examples of insurance companies acting in bad faith
Your company has a comprehensive insurance policy that is supposed to offer a level of financial protection. But when you go to use that policy, the company drags its feet and doesn’t pay out the money that you believe your business needs and deserves. In a situation...
How do courts handle unclear language in business insurance?
When business owners read their insurance policies, they often find words and terms that could mean different things. In New York last year, four out of ten insurance disputes started because policy terms weren't clear. This issue affects many companies when they try...
Your guide to fidelity insurance claims: Documentation and denials
Companies are not immune to fraud and theft. Many even invest millions of dollars in securing their assets and operations. However, in some cases, the company’s own employees commit these acts. This is when fidelity insurance comes in. This type of business insurance...
