Comments on: Absence of procedures to notify reinsurance is a basis for bad faith http://theclaimsspot.com/2010/02/17/absence-of-procedures-to-notify-reinsurance-is-a-basis-for-bad-faith-renewing-the-written-guidelines-debate/ Identifying opportunities is easier when you know how to SPOT the issues Wed, 16 May 2012 11:37:45 +0000 hourly 1 http://wordpress.org/?v=3.3 By: Marc Lanzkowsky http://theclaimsspot.com/2010/02/17/absence-of-procedures-to-notify-reinsurance-is-a-basis-for-bad-faith-renewing-the-written-guidelines-debate/comment-page-1/#comment-204 Marc Lanzkowsky Fri, 28 May 2010 13:03:30 +0000 http://theclaimsspot.com/wordpress/?p=690#comment-204 Under the duty to act in good faith - regardless of whether there is a provision I would think they could be. It is always best to report than not. Under the duty to act in good faith – regardless of whether there is a provision I would think they could be. It is always best to report than not.

]]> By: cathy http://theclaimsspot.com/2010/02/17/absence-of-procedures-to-notify-reinsurance-is-a-basis-for-bad-faith-renewing-the-written-guidelines-debate/comment-page-1/#comment-200 cathy Fri, 28 May 2010 02:49:24 +0000 http://theclaimsspot.com/wordpress/?p=690#comment-200 privoded that there is no claim notification preivsion, shall the reinsured be responsible for dealying claim notification? privoded that there is no claim notification preivsion, shall the reinsured be responsible for dealying claim notification?

]]> By: Philip J. Loree Jr. http://theclaimsspot.com/2010/02/17/absence-of-procedures-to-notify-reinsurance-is-a-basis-for-bad-faith-renewing-the-written-guidelines-debate/comment-page-1/#comment-24 Philip J. Loree Jr. Mon, 22 Feb 2010 13:52:40 +0000 http://theclaimsspot.com/wordpress/?p=690#comment-24 Marc, I agree with Craig: an excellent post. I greatly appreciate the mention, too. Let's try to keep the dialogue going on this issue, as it is both controversial and very relevant to both insurers and reinsurers. It would be great to hear, for example, some of the key issues you seek to address when devising (or revising) claims guidelines. Phil Marc,

I agree with Craig: an excellent post. I greatly appreciate the mention, too.

Let’s try to keep the dialogue going on this issue, as it is both controversial and very relevant to both insurers and reinsurers. It would be great to hear, for example, some of the key issues you seek to address when devising (or revising) claims guidelines.

Phil

]]> By: The Great Debate Over Written Claims Guidelines and Procedures | Loree Reinsurance and Arbitration Law Forum http://theclaimsspot.com/2010/02/17/absence-of-procedures-to-notify-reinsurance-is-a-basis-for-bad-faith-renewing-the-written-guidelines-debate/comment-page-1/#comment-22 The Great Debate Over Written Claims Guidelines and Procedures | Loree Reinsurance and Arbitration Law Forum Thu, 18 Feb 2010 19:07:56 +0000 http://theclaimsspot.com/wordpress/?p=690#comment-22 [...] recently brought the discussion up to the reinsurance level in his post, “Absence of Procedures to Notify Reinsurance is a Basis for Bad Faith.”   He was kind enough to mention what inspired his thoughtful post — [...] [...] recently brought the discussion up to the reinsurance level in his post, “Absence of Procedures to Notify Reinsurance is a Basis for Bad Faith.”   He was kind enough to mention what inspired his thoughtful post — [...]

]]> By: uberVU - social comments http://theclaimsspot.com/2010/02/17/absence-of-procedures-to-notify-reinsurance-is-a-basis-for-bad-faith-renewing-the-written-guidelines-debate/comment-page-1/#comment-20 uberVU - social comments Thu, 18 Feb 2010 15:38:31 +0000 http://theclaimsspot.com/wordpress/?p=690#comment-20 <strong>Social comments and analytics for this post...</strong> This post was mentioned on Twitter by CoverageCounsel: RT @TheClaimsSPOT: New blog post: Absence of procedures to notify reinsurance is a basis for bad faith http://bit.ly/cIJ2ro... Social comments and analytics for this post…

This post was mentioned on Twitter by CoverageCounsel: RT @TheClaimsSPOT: New blog post: Absence of procedures to notify reinsurance is a basis for bad faith http://bit.ly/cIJ2ro...

]]> By: Craig Rowe http://theclaimsspot.com/2010/02/17/absence-of-procedures-to-notify-reinsurance-is-a-basis-for-bad-faith-renewing-the-written-guidelines-debate/comment-page-1/#comment-17 Craig Rowe Wed, 17 Feb 2010 14:17:05 +0000 http://theclaimsspot.com/wordpress/?p=690#comment-17 Excellent post, Marc. No matter how much you may have faith in an employee (or in this case, an insurer) to have the knowledge and ethics to perform a procedure in a certain way, it is always best to have these procedures in writing so that any deviation is clear and measurable. Not only is it good practice, but as you point out there are legal ramifications in some cases. Excellent post, Marc.

No matter how much you may have faith in an employee (or in this case, an insurer) to have the knowledge and ethics to perform a procedure in a certain way, it is always best to have these procedures in writing so that any deviation is clear and measurable.

Not only is it good practice, but as you point out there are legal ramifications in some cases.

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