Category: insurance claim

DOG BITE ♦ LIABILITY ♦ WHO PAYS? ♦ Medical Bills ♦ ER for stitches ♦ BAD SCAR ♦ Insurance Claim

The Centers for Disease Control and Prevention estimate that dogs bite 4.7 million people annually, resulting in 800,000 injuries that require medical attention. Almost half of them are children. The average cost of a dog-bite insurance claim was $24, 511 in 2007, according to the Insurance Information Institute, (III). Roughly 39 percent of American households…

Insurers “put on notice” over raising premiums, denying claims unfairly.

Bloomberg News (4/9, Frye) reported, “U.S. property and casualty insurers posted the biggest sales decline in half a century last year as corporations and individuals scaled back purchases, an industry group said today.” Now, “investment losses and slim profits have prompted carriers around the world to demand higher rates on some lines of business coverage,…