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Category: Insurance Claims

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Turning Tables – Stranger-originated Controversy Takes a Turn (part 3)

Mon Oct 18th, 2010 on     Insurance Claims,    

This is the last of a series of three posts about a wealthy woman, her death, her companion, her family, and a $15 million life insurance policy. The policy listed the beneficiary as the woman’s companion, who was the last to see the woman alive. The companion claims the policy was taken out to protect his business, explaining that the woman was his partner in the venture. The insurance company argues that no one is entitled to the proceeds of the policy, because it was purchased fraudulently as a “stranger-originated” policy. The family has also entered the fray.

Turning Tables on Life Insurance Company (part 2)

Wed Oct 13th, 2010 on     Insurance Claims,    

In our last post, we started to examine the intricacies and mystery surrounding a life insurance dispute. The insured, a woman of considerable wealth, died under unusual circumstances. While the death was ruled accidental, her daughter and the rest of the family were unconvinced. When a $15 million life insurance policy turned up, essentially naming the deceased’s companion and purported business partner as sole beneficiary, both the family and the insurance company became suspicious. Now, the companion, the insurance company and the family are all involved in a legal action to determine who is entitled to the $15 million.

Flood Insurance Program Renewed

Fri Sep 24th, 2010 on     Insurance Claims,    

Florida residents got some good news this week, right in the middle of hurricane season, when fears of flood damage and insurance claims are high in the state. The U.S. House of Representatives approved a one-year reauthorization of National Flood Insurance Program (NFIP). Because the Senate had approved the renewal earlier, the measure now goes to President Obama for his signature.

Model Laws Could Provide Options & Protection for Policyholders

Mon Sep 20th, 2010 on     Insurance Claims,    

The National Conference of Insurance Legislators (NCOIL) has proposed a model law that would strengthen protections of terminally ill and elderly patients. The law relates to another law proposed by the group earlier this year. Model laws are not guaranteed to be introduced in state legislatures. For Florida to enact these proposals, each model law must be championed by a state senator or state representative who will then see it through the legislative process.

Slip and Fall Claims Under the Microscope

Fri Aug 27th, 2010 on     Insurance Claims,    

Florida businesses may be glad to hear that the National Insurance Crime Bureau (NICB) is stepping up its efforts to uncover “slip and fall” insurance fraud. NICB agents have teamed with insurance company investigators and law enforcement personnel to look into the thousands of questionable claims submitted to insurance companies over the past couple of years.

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