Tag: Apartments

Harris County Hail Damage Insurance Lawyers

Local Apartment Complex Owner Files Hail Damage Insurance Lawsuit

Raizner Slania has filed a hail damage insurance lawsuit on behalf of local apartment complex owners against AmRisc, LLC, Certain Underwriters of Lloyd’s, London, Indian Harbor Insurance Company, QBE Specialty Insurance Company, Steadfast Insurance Company, General Security Indemnity Company of Arizona, United Specialty Insurance Company, Lexington Insurance Company, Princeton Excess and Surplus Lines Company, International Insurance Company of Hannover, and Vericlaim, Inc.

January 2016 Harris County Wind and Hailstorm

On January 28, 2016, a severe wind and hailstorm swept through Harris County, causing substantial damage to the local apartment complexes. As a result, the exteriors, roofs, building interiors, HVAC units, and other structures of the properties were damaged. Immediately upon discovering the damages, the plaintiffs filed insurance claims under their policy with various carriers to cover the cost of repairs.

Underwriters of Lloyd’s, Indian Harbor, QBE, Steadfast, General Security Indemnity, United Specialty Insurance, Lexington, Princeton and the International Insurance Company of Hannover were the carriers on the policy. AmRisc was the program manager and it packaged a number of similar properties into the substandard insurance program at issue in the case. In response to the claim, the carriers assigned the claim to Vericlaim, who in turn assigned the claim to an internal adjuster.

Vericlaim and its internal adjuster conducted an unreasonable and inadequate investigation and denied any wind and hail damage to the roofs, windows, HVAC units, interior, and other structures of the properties. Additionally, they also grossly undervalued what damage they did accept. Specifically, the internal adjuster ignored or rejected facts, physical indicators, photos, and historical building reports confirming reasonably clear coverage for the wind and hail damage to the properties.

The internal adjuster assigned unqualified and biased consultants to the claim and failed to do his own investigation of damages to the properties. The carriers relied on Vericlaim’s incomplete and inadequate investigation to determine what amounts, if any, to pay on the claim. As a result, no payments have been issued under the policy.

The Carriers Acted In Bad Faith

Our client cites numerous violations of the Texas Insurance Code, including failure to attempt to effectuate a prompt, fair, and equitable settlement of a claim, failure to adopt reasonable standards for a claim, and failure to provide a reasonable explanation for the denial of claim.

Surplus Lines Insurers

In the Texas commercial insurance market, an increasing number of policies come from surplus lines insurers. Surplus lines insurers are typically really just a front – file drawer entity – and most or all of the true insurance risk is ceded to unauthorized foreign reinsurers that are neither licensed in the state nor legally authorized to conduct the business of insurance in the state. With very few regulations and very little oversight, these surplus lines insurers operate in a gray area of the market and often use bad faith insurance tactics to avoid costly payouts.

Harris County Hail Damage Insurance Lawyers

Raizner Slania is experienced in fighting insurance companies and surplus lines insurers who operate in bad faith. We handle all commercial hail damage insurance litigation on a contingency fee basis, so you owe us nothing unless we help you recover financial damages. If your commercial hail damage insurance claim has been denied, delayed, or underpaid, contact us today to schedule a free consultation.

Apartment Insurance Claim Lawyers

Raizner Slania Files Bad Faith Insurance Lawsuit On Behalf of Harris County Apartment Complex

Raizner Slania filed a bad faith insurance lawsuit in Harris County against Ted W. Allen & Associates, Inc. on behalf of the owners of a local apartment complex whose insurance claim was wrongfully denied under the Texas Insurance Code.

December 2016 Fire

On December 10, 2016, a catastrophic fire broke out on the plaintiff’s property. As a result, the exterior, interior, roof, ceiling, and other structures of the property were damaged. Soon after the fire, the plaintiff filed a claim under its commercial insurance policy to cover the cost of repairing the property damage.

In response to the claim, the insurance company denied large portions of damages for which the coverage should have been secured. Instead of the coverage being extended as requested, the insurance carrier applied stringent limits concerning the covered damages to the property, including lost rents.

Allen & Associates was the agency that sold the policy to the plaintiff. The agency failed to secure the requested building coverage requested by the plaintiff, and failed to remove references to the per-building limits despite clear requests from the plaintiff. Because of Allen & Associates’ failures and misrepresentation, the plaintiff suffered significant financial harm and damage.

Violations of the Texas Insurance Code

Allen & Associates violated numerous sections of the Texas Insurance Code, including misrepresentation of an insurance policy under which it affords property coverage to the policyholder and knowingly committing foregoing acts, with actual knowledge of the falsity, unfairness, or deception of the foregoing acts and practices.

In addition to violating the Texas Insurance Code, Allen & Associates violated the Texas Deceptive Trade Practices-Consumer Protection Act, which provides additional protections to consumers who are victims of deceptive, improper, or illegal practices.

Apartment Insurance Claim Lawyers

Policyholders deserve to receive their rightful payments under their insurance policies. However, when one or more party misrepresents the terms of a policy, policyholders can be left high and dry. The experienced apartment insurance claims lawyers at Raizner Slania have helped property owners across Houston and throughout Texas get their rightful payments from agencies and insurance companies operating in bad faith. If your insurance company wrongfully delayed or denied your claim, contact us today for a free consultation to see how we can help.

Apartment Complex Hail Damage

Harris County Apartment Complex Owner Files Hail Damage Lawsuit

Raizner Slania filed a lawsuit on behalf of a local apartment complex owner against Westchester Surplus Lines Insurance Company and Engle Martin and Associates after its commercial hail damage insurance claim was wrongfully denied under Texas law.

May 2014 Harris County Hail Storm

On May 28, 2014, a hail storm swept through Harris county, causing substantial damage to the exteriors, interiors, roof, HVAC, and other structures on the plaintiff’s property. Immediately upon discovering the damage, the plaintiff filed an insurance claim for the damage caused by the storm.

April 2015 Windstorm

A second wind and hail storm struck the plaintiff’s property on April 19, 2015, causing further damage. Again, the plaintiff immediately filed an insurance claim asking the damages be covered pursuant to its policy. In response to the claims, Westchester hired adjusters, consultants, and agents that were inadequate and improperly trained. Specifically, Westchester assigned the claim to Engle Martin and Associates as the third party adjusting firm to handle the claim, which in turn assigned the claim to its internal adjuster.

The internal adjuster conducted an unreasonable and inadequate investigation and denied the existence of any wind and hail damage to the roofs, windows, HVAC, interior, and structures. The internal adjuster refused to accept damages from the May 2014 hail storm, and what damages the internal adjuster did accept were grossly undervalued.

Engle Martin and its internal adjuster refused to engage competent consultants to evaluate the damage and chose to ignore submissions from forensic weather consultants confirming the covered wind and hailstorms in question at the subject location.

As a result of the haphazard investigation, Westchester wrongfully denied and delayed payments for property repairs. Westchester grossly underestimated the damages to the property and incorrectly claimed the damages fall under the policy deductible.

The Insurance Carrier Violated The Texas Insurance Code

Our client cites numerous violations of the Texas Insurance Code, including failure to effectuate a prompt, fair, and equitable settlement of a claim, failure to implement reasonable standards for the investigation of a claim, and refusal to pay a claim without conducting a reasonable investigation.

Raizner Slania: Apartment Complex Hail Damage Claim Attorneys

If your insurance carrier denied, delayed, underpaid, or disputed a Texas apartment complex hail damage claim, you need an experienced team of insurance lawyers to help you get the compensation you deserve. The attorneys at Raizner Slania have been extremely successful in obtaining fair compensation for victims of bad faith insurance practices. Call us today to schedule a free consultation to discuss your case.