Claims departments employ professionals that want to do a good job for policy holders as well as the company, and claims guidelines should help foster those goals. Before drafting guidelines there are a few things that should be considered and we, along with our fellow blogger Phil Loree, suggest 7 things a company should consider when drafting claims guidelines.
Written Guidelines
Absence of procedures to notify reinsurance is a basis for bad faith
Recently I was discussing bad faith and notice procedures with attorney Phil Loree Jr., an expert … Absence of procedures to notify reinsurance is a basis for bad faithRead more