March 24, 2014

By: Dan Wade, Staff Attorney

The government-sponsored Storm Sandy mediation programs in New York and New Jersey offered the promise of a low-cost easy access forum for disaster survivors to sit down face-to-face with their insurer to resolve claim disputes. A modest number of homeowners in both states with claim disputes averaging $50,000 used these programs with some success, but from a policyholder perspective, the results can be more fairly deemed a learning experience rather than a resounding success. New Jersey reports a relatively high settlement rate in the...

Read More
March 19, 2014

UPdate 7/18/14

At the request of insurers, three New York Magistrate Judges overseeing the Consolidated Case have asked plaintiffs to withdraw supplemental state law "bad faith" claims. The three-judge panel explained that plaintiffs has failed to address these claims in accordance with the Court's discovery schedule. Read this article for more information.

The EDNY has also launched a...

Read More
October 1, 2013

On October 1st, 2013, the National Flood Insurance Program extended the deadline for filing Superstorm Sandy proofs of loss for another 6 months past the current October 28th, 2013 deadline.  United Policyholders commends the program for giving this much needed breathing room to property owners.  With the storm's anniversary approaching, many Sandy victims were scrambling to find qualified and affordable experts and help completing paperwork. NFIP Proof of Loss requirements are very specific. Property owners will not recover full flood insurance benefits for their losses...

Read More
August 26, 2013

If your home or business was damaged or destroyed in recent flooding and mudslides, you can access information and tools through United Policyholders' Roadmap to Recovery® program for overcoming challenges with property, flood and auto insurance claims and reaching a fair settlement. Scroll down for key tips and a menu of resources.  

Focus on completely inventorying and valuing all damage and costs to repair or replace your property, regardless of your insurance situation. Key Insurance Claim Tips:

  • Keep a diary of conversations with insurance...
Read More
July 29, 2013

The New York Department of Financial Services has issued a final report on their investigation into unpaid benefits for consumers at life insurance companies.  The report showed that the investigation recovered more than $1.1 billion in unpaid life insurance benefits for consumers nationwide and that life insurance payments have been made to more than 100,000 consumers nationwide. 
In November, I posted a blog entry titled: "Insurance Companies Continue...

Read More