Our Client v. Big Insc. Co.Out of Ohio
Jan 01, 2012OUTCOME: Plaintiff verdict after appeal
It is called "post-loss underwriting" and it is a favorite tool of insurance companies to unfairly deny claims. The insurance company in its application asks you some fairly innocuous questions - "How ... old are you? Prior bankruptcies? Prior claims?" It writes the policy, collects your premium, and then, when you make a claim, it suddenly pours over your application questions looking anything that is not 100% accurate. When it finds even a minor error, it issues a denial for "misrepresentation on the application." This is a very common tactic. This is exactly what the insurance company did in this case and we were able to prove at arbitration that is exactly what the insurance company did. The arbitrator and then a Federal Court Judge agreed with our position and found for our client.
