Was Your Business' Insurance Loss History Updated?

Last Updated on June 26, 2017

Investigation Complete

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At A Glance

This Alert Affects
Businesses who were sued and had their claim covered by their insurance company even though it was not their fault. Also, businesses that had an insurance claim involving damaged property that was kept by their insurance company and likely sold for salvage.
Potentially, businesses with these types of insurance claims may be entitled to monetary damages.
All commercial insurers
Additional Details
Often insurers will sell salvaged property, or subrogate liability claims and win, and not update the loss history for an insured policyholder, so they over-pay for insurance for years.