Sentences with phrase «liability claim dollars»

Dog bites accounted for more than one - third of all homeowners insurance liability claim dollars — nearly $ 484 million — paid out in 2013, Worters says.
FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; [email protected] NEW YORK, April 5, 2018 — Dog bites and other dog - related injuries accounted for more than one third of all homeowners liability claim dollars paid out in 2017, costing almost $ 700 million, according to the Insurance Information Institute (I.I.I.) and State Farm ®, the largest writer of homeowners insurance in the United States.
More than a third of all homeowner insurance liability claim dollars paid in 2012 ($ 489 million) were the result of a dog bite.
Overall, «Dog bites and other dog - related injuries accounted for more than one third of all homeowners liability claim dollars paid out in 2017, costing almost $ 700 million,» the Insurance Information Institute said.
According to the Insurance Information Institute, «dog bites (and other dog - related injuries) accounted for more than one - third of all homeowners insurance liability claim dollars paid out in 2014, costing in excess of $ 530 million.»

Not exact matches

«State attorneys general told five of the nation's largest banks on Tuesday they face a potential liability of at least $ 17 billion in civil lawsuits if a settlement isn't reached to address improper foreclosure practices» a «figure [that] doesn't cover additional billions of dollars in potential claims from federal agencies,» the Wall Street Journal reported on Wednesday.
However, the total costs associated with a fatal accident, including liability claims, can amount to millions of dollars.
Liability coverage will also pay for a defense against the claim, or the suit if it gets to that point, which saves you tens of thousands of dollars.
If fifteen dollars a month is a hardship, it's important to realize that replacing everything you own or paying a liability claim would be a far greater hardship.
That defense coverage saves thousands, or even tens of thousands, of dollars because it can take years and a great deal of legal wrangling at great cost even to settle or make a liability claim go away without payment.
Whereas your homeowner's policy would cover the costs of medical expenses, property damage and legal claims up to your homeowners liability limits (such as $ 100,000, $ 300,000 or $ 500,000), your umbrella policy would provide protection up to $ 1 million dollars or more.
In the last few months, we saw a liability claim for forty thousand dollars in damages from a fire.
As a result of these product liability claims, our accident attorneys have recovered millions of dollars in verdicts and settlements for clients.
Whether it's reviewing the fine print in an employment agreement or representing a worker in a multi-million dollar liability claim, McKenna & Associates, P.C. knows how to get results.
Advised educators» professional liability insurer in disputes ranging from allocation of defense and indemnity costs among multiple parties to application of prior knowledge exclusion to multimillion dollar claims by investors group following insured's declaration of insolvency, in Connecticut and Massachusetts.
Our firm's dedicated and talented team of experienced Greater Boston Physician Liability Medical Malpractice Attorneys have recovered millions of dollars for our clients in settlements, claims and jury awards.
Recent cases handled include a multimillion - dollar recovery arising from construction and design claims, a multimillion - dollar recovery relating to professional malpractice, successful defense of a financial institution from multimillion - dollar lender liability claims, successful defense of independent directors from claims of breach of fiduciary duty and related claims, and a multimillion - dollar recovery in the telecommunications industry arising from claims of breach of contract, breach of good faith and fair dealing, and fraud.
Acting for a major US vehicle manufacturer in the successful settlement of a multi-million dollar product liability claim brought in respect of one of its vehicle models.
We have been handling premises liability claims throughout the country since 1955, and have earned a reputation as one of the most successful personal injury law firms in the nation, winning more than $ 4 billion dollars in jury verdicts and settlements.
Lead trial counsel in the first medical products class action / common issues trial tried to verdict in Canada (146 trial days), successfully defending one of the world's leading manufacturers of life - saving cardiac devices in a national class action claiming more than a billion dollars in damages (awarded 2013 Canadian Product Liability Impact Case of the Year by LMG Life Sciences)
Allen's representative work includes the successful defense of a multi-million dollar insurance coverage and rescission suit by Lloyd's of London; dismissal of a six - figure claim for retroactive premiums against the St. John Community Development Center; summary judgments (affirmed on appeal) against Essex Insurance Company and Liberty Mutual Fire Insurance Company for breach of their respective insurance contracts; trial verdicts against Allstate Fire and Casualty Insurance Company and Liberty Mutual for insurance bad faith; and numerous confidential five, six, and seven figure settlements reached in insurance disputes of all types (including residential and commercial property, commercial general liability, auto liability, errors and omissions, negligent procurement, and insurer bad faith).
However, in large corporate liability cases D&O claims can be valued in the hundreds of millions of dollars.
Widely regarded by his peers as one of the nation's top trial lawyers and with nearly fifty years of experience representing victims, Thomas V. Girardi has obtained numerous multi-million dollar verdicts and settlements, handling claims involving wrongful death, commercial litigation, products liability, bad faith insurance, and toxic torts.
Our personal injury attorneys, Paul Kruse and Tony Patterson, have obtained million - dollar settlements for past clients in all areas of personal injury, including car accidents and auto product liability claims.
The Kiley Law Group has broad experience in product liability claims, including multiple million - dollar - plus awards in cases related to automotive defects.
Consider increasing medical payments to others, as well — a higher limit costs just a few dollars a year and can prevent liability claims.
Devonshire Park Apartments renters insurance will even offer a defense to that liability claim or suit, saving you potentially tens of thousands of dollars in legal fees.
In the United States, auto insurance limits are the pre-defined limits of the liability responsibility set in financial terms (dollar amounts) that the insurer will pay in the event of a claim.
If you totaled out a couple of cars, each worth $ 8,000, then the other parties would have at least $ 16,000 dollars worth of claims, exceeding your property damage liability limits of $ 10,000 — like the injuries did with your bodily injury coverage.
If fifteen dollars a month is a hardship, it's important to realize that replacing everything you own or paying a liability claim would be a far greater hardship.
At fifteen dollars a month, even for a basic policy you'd have to go eighty - three years without a single claim before you spent as much as the policy would pay out, and that's not even considering liability risk and the inherent coverage on The Reserve at Cary Park renters insurance for that.
For that fifteen or twenty dollars a month, you also get a no - fault coverage for minor injuries of that sort so it doesn't have to give rise to a liability claim.
Even running over someone's mailbox in a Utica suburb could leave you out a few hundred dollars, but with property damage liability, you will be protected against liable claims.
This strategy can provide much higher limits, in $ 1 million dollar increments, to cover the costs of liability claims and law suits and protect the business financially.
A liability claim can easily surpass these dollar amounts in the event of a significant injury, permanent disability, or extensive damage to another vehicle.
When a liability claim could be tens or hundreds of thousands of dollars, it's crucial to make sure you have a way to pay that claim if something of the sort should happen.
These claims can quickly reach hundreds of thousands of dollars and more, so it's a good idea to get the highest liability limits you can afford, especially if you own multiple properties.
Liability claims are not filed very often, but if you find yourself in a situation where you need this coverage, you will be glad you have it as it can save you thousands of dollars.
It may be a good idea for you to purchase more than the minimum liability coverage because a claim against you can quickly reach hundreds of thousands of dollars in settlement costs, court fees and legal defense fees.
Claims Management Duties & Responsibilities Utilize efficient workflow organization to improve departmental efficiencies while ensuring effective client response and diligent analysis of claims, with extensive experience in both commercial and personal lines Provide relevant administration and direction to multi-million dollar staff budgets, quality control, fraud investigations, and complex claims reviews, earning denial authority over high - level claims cases Identify and develop talent among team members with focused training efforts, performance reporting and analyses, and operational efficiency initiatives Deliver continuous assessment of work force, while furnishing oversight and guidance regarding effective service strategies and techniques, loss liability monitoring, and claim litigation assistance Develop and implement the marketing and sales efforts of customer service team while tracking progress versus established internal and external benchmarks, providing disciplinary actions when necessary Construct customer service and claims team through effective staff hiring to aid in efficient operations and execution, delegating important tasks / assigments to line supervisors while providing branch - level guidance Aid in strategic planning and capital budgeting based on improving operating efficiency and reducing service - related production losses, collaborating effectively with senior - level management Maintain a strong working knowledge of important industry topics, company programs and policies, and overall regulatory environment, including state - level responsibility for process changes in casualty / PIP Address important client and staff queries, resolving them in an expedited manner Lead through example with consistent work ethic, attitude and professioClaims Management Duties & Responsibilities Utilize efficient workflow organization to improve departmental efficiencies while ensuring effective client response and diligent analysis of claims, with extensive experience in both commercial and personal lines Provide relevant administration and direction to multi-million dollar staff budgets, quality control, fraud investigations, and complex claims reviews, earning denial authority over high - level claims cases Identify and develop talent among team members with focused training efforts, performance reporting and analyses, and operational efficiency initiatives Deliver continuous assessment of work force, while furnishing oversight and guidance regarding effective service strategies and techniques, loss liability monitoring, and claim litigation assistance Develop and implement the marketing and sales efforts of customer service team while tracking progress versus established internal and external benchmarks, providing disciplinary actions when necessary Construct customer service and claims team through effective staff hiring to aid in efficient operations and execution, delegating important tasks / assigments to line supervisors while providing branch - level guidance Aid in strategic planning and capital budgeting based on improving operating efficiency and reducing service - related production losses, collaborating effectively with senior - level management Maintain a strong working knowledge of important industry topics, company programs and policies, and overall regulatory environment, including state - level responsibility for process changes in casualty / PIP Address important client and staff queries, resolving them in an expedited manner Lead through example with consistent work ethic, attitude and professioclaims, with extensive experience in both commercial and personal lines Provide relevant administration and direction to multi-million dollar staff budgets, quality control, fraud investigations, and complex claims reviews, earning denial authority over high - level claims cases Identify and develop talent among team members with focused training efforts, performance reporting and analyses, and operational efficiency initiatives Deliver continuous assessment of work force, while furnishing oversight and guidance regarding effective service strategies and techniques, loss liability monitoring, and claim litigation assistance Develop and implement the marketing and sales efforts of customer service team while tracking progress versus established internal and external benchmarks, providing disciplinary actions when necessary Construct customer service and claims team through effective staff hiring to aid in efficient operations and execution, delegating important tasks / assigments to line supervisors while providing branch - level guidance Aid in strategic planning and capital budgeting based on improving operating efficiency and reducing service - related production losses, collaborating effectively with senior - level management Maintain a strong working knowledge of important industry topics, company programs and policies, and overall regulatory environment, including state - level responsibility for process changes in casualty / PIP Address important client and staff queries, resolving them in an expedited manner Lead through example with consistent work ethic, attitude and professioclaims reviews, earning denial authority over high - level claims cases Identify and develop talent among team members with focused training efforts, performance reporting and analyses, and operational efficiency initiatives Deliver continuous assessment of work force, while furnishing oversight and guidance regarding effective service strategies and techniques, loss liability monitoring, and claim litigation assistance Develop and implement the marketing and sales efforts of customer service team while tracking progress versus established internal and external benchmarks, providing disciplinary actions when necessary Construct customer service and claims team through effective staff hiring to aid in efficient operations and execution, delegating important tasks / assigments to line supervisors while providing branch - level guidance Aid in strategic planning and capital budgeting based on improving operating efficiency and reducing service - related production losses, collaborating effectively with senior - level management Maintain a strong working knowledge of important industry topics, company programs and policies, and overall regulatory environment, including state - level responsibility for process changes in casualty / PIP Address important client and staff queries, resolving them in an expedited manner Lead through example with consistent work ethic, attitude and professioclaims cases Identify and develop talent among team members with focused training efforts, performance reporting and analyses, and operational efficiency initiatives Deliver continuous assessment of work force, while furnishing oversight and guidance regarding effective service strategies and techniques, loss liability monitoring, and claim litigation assistance Develop and implement the marketing and sales efforts of customer service team while tracking progress versus established internal and external benchmarks, providing disciplinary actions when necessary Construct customer service and claims team through effective staff hiring to aid in efficient operations and execution, delegating important tasks / assigments to line supervisors while providing branch - level guidance Aid in strategic planning and capital budgeting based on improving operating efficiency and reducing service - related production losses, collaborating effectively with senior - level management Maintain a strong working knowledge of important industry topics, company programs and policies, and overall regulatory environment, including state - level responsibility for process changes in casualty / PIP Address important client and staff queries, resolving them in an expedited manner Lead through example with consistent work ethic, attitude and professioclaims team through effective staff hiring to aid in efficient operations and execution, delegating important tasks / assigments to line supervisors while providing branch - level guidance Aid in strategic planning and capital budgeting based on improving operating efficiency and reducing service - related production losses, collaborating effectively with senior - level management Maintain a strong working knowledge of important industry topics, company programs and policies, and overall regulatory environment, including state - level responsibility for process changes in casualty / PIP Address important client and staff queries, resolving them in an expedited manner Lead through example with consistent work ethic, attitude and professionalism
They countered at ZERO dollars if I was willing to let them quit - claim it to me and transfer all the liabilities from the city court cases to me.
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