Firm Continues to Evaluate New Cases From Hurricane Victims. Parker Waichman LLP (www.yourlawyer.com) announced that it has been retained by hundreds of clients in Alabama, Florida, Louisiana and Mississippi whose insurance claims related to damage caused by Hurricane Katrina were denied. Under state and federal laws, insurance companies are required to resolve claims with their insureds in good faith and with fair dealing. Unfortunately, thousands of insurance policyholders are unable to put their lives back together because of widespread improper damage claim denials. Parker Waichman LLP is assisting policyholders whose property insurance claims have been denied, or who have not yet filed a claim but who plan to in the future. The firm is providing legal representation to these policyholders in order to quickly obtain the compensation their insurance coverage provides.
If your Katrina-related insurance claim was denied, or if you plan to file a claim, you can request a free case evaluation by visiting http://www.katrinaclaimdenial.com or /topics/overview/Katrina_Insurance_Claims . Case evaluations are also available by calling Parker Waichman LLP at 1-800-YOURLAWYER (1-800-968-7529).
Laws Governing How Insurance Companies Must Deal.
Alabama, Louisiana, Mississippi, and a majority of other states, have laws governing how insurance companies must deal with claimants. In fact, Louisiana makes it mandatory for insurers to make a written offer to resolve a property damage claim within 30 days after receipt of a “satisfactory proof of loss” for the claim. If the insurance company fails to do this, the company may be liable for penalties of up to 25% on the amount due. Other states have similar laws punishing insurance companies that unfairly deny or delay payment on valid claims.
“Insurance companies often use their own narrow interpretations of policy language to deny legitimate claims from individual policyholders,” said Jerrold Parker, founding partner of Parker Waichman LLP. “Unfortunately, the insurance industry has been successful in convincing many claimants that their damage is not covered by their insurance policy. Policyholders should not rely on the conclusions of their insurance company without having their claim and insurance policy thoroughly reviewed by an attorney. Insurance companies tend to treat claimants more fairly when they are being represented by an attorney.”
About Parker Waichman LLP
Parker Waichman LLP is a leading consumer fraud, products liability and personal injury law firm that represents plaintiffs nationwide. Parker Waichman LLP has assisted thousands of clients in receiving fair compensation for denied insurance claims, securities fraud, and injuries resulting from defective medical devices and medications. In addition to representing victims of bad faith insurance denials, Parker & Waichman, LLP represents thousands of individuals injured by Guidant Defibrillators, Drug Coated Coronary Stents, Vioxx, Fosamax, Ketek, ReNu with MoistureLoc, Ortho Evra and many other defective drugs and medical products. For more information on Parker Waichman LLP, please visit: www.yourlawyer.com or call (800) YOURLAWYER.
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