Claims activity, odds of
future claims in the area, weather risk, and other factors tie back to the location.
Not exact matches
The frequency of
claims may be an indicator of crime, construction problems, or just a questionable neighborhood and past
claims experience of the
area plays a heavy role
in rating
future policies to be written there, and even
in determining whether policies will be written
in that
area at all.
Previous
claims in the
area and the frequency of losses
in the past are relevant to prediction of
future risk of loss.
Looking ahead Although some moderation
in civil litigation
claims costs can be expected over time with the recent changes to Rule 48, the continued relationship between civil litigation costs and premium revenue by lawyers» primary
area of practice will need to be monitored to determine whether any further action should be taken on this category
in future years.
This case is also worth a quick read for anyone advancing a
claim for loss of earning capacity (
future wage loss) as the court does a good job summarizing some of the leading legal precedents
in this
area at paragraphs 151 - 155 of the judgment.
The frequency of
claims may be an indicator of crime, construction problems, or just a questionable neighborhood and past
claims experience of the
area plays a heavy role
in rating
future policies to be written there, and even
in determining whether policies will be written
in that
area at all.
This list will be able to help you if you ever have to file a
claim with your coverage company
in the
future after a disaster occurs
in your
area of the country.
Previous
claims in the
area and the frequency of losses
in the past are relevant to prediction of
future risk of loss.
In the case of one of the land councils, they have decided, «Well, we will anticipate
future issues and we will broaden up the
claim area so you do not have to
claim again when another polygon is put out on notice within the vicinity.»
In areas of
future act activity, a registered
claim provides a legitimate position to negotiate potential benefits with industry / mining companies etc..
It means that for
areas over which a Government lodges a non-claimant native title application, if no native title
claim is registered
in time,
future acts may proceed without having to comply with the procedural rights set out
in the NTA and state legislation.
The recommendation is commendable
in so far as it formally introduces a requirement to assess the specific situation of the native title
claim area as an aspect of the process of assessing
future act applications.
Look forward to higher E&O fees
in your
future, to cover increased
claims based on our insurers deeming us a higher risk group due to agents involved with mere postings, agents who never see homes they list and write offers on, and realty companies from out of the
area not being familiar with local rules & regs.