Commercial Business Insurance Disputes – AIX Insurance Claims

Insurance Claim Dispute with AIX Specialty Insurance Company?

Many property owners have policies issued by AIX Specialty Insurance Company, which is a member of the Hanover Insurance Group, and is a large specialty insurer that advertises itself as a company that is very discerning and stands by its customers’ insurance policies with quality and expertise. Despite their advertising, many AIX policyholders come to find less-than-promised coverage under their policies in the event of property damage. Our insurance lawyers’ experiences with AIX indicate that the company, along with several other major insurance carriers, commonly undervalues property damage claims. These problems aren’t limited to just AIX; our AIX bad faith insurance lawyers have seen that these same practices taint their related companies, as part of the Hanover Insurance Group.

Dodging Rules and Regulations to Achieve Higher Profits

Although other parts of the Hanover Group family of insurance companies are licensed and authorized insurers, much of Hanover’s insurance business is written through AIX Specialty Insurance Company, which operates as a surplus lines insurer. That means AIX is exempt from many of the rules and regulations that govern admitted insurance companies. By using its AIX subsidiary in this way, Hanover avoids having to abide by consumer protection regulations, since much of the insurance written by AIX could just as readily be written by a licensed insurer, even a different Hanover owned entity. Yet despite its unlicensed character, AIX is a subsidiary of Hanover, so all of the profits end up in the same place. Very few business are permitted to establish subsidiaries that don’t need to follow the rules and regulations of the states where they do business, simply as a way to avoid oversight and make more money. This is precisely what Hanover has done with AIX, to the detriment of business policyholders.

Dealing with AIX Group Insurance Bad Faith Practices

Insurance law is clear that an insurance company like AIX is required to show reasonable cause for denying or delaying the payment of a valid claim, if the damage is covered by the policy. By delaying, underpaying, or denying a legitimate claim while knowing it should pay or without investigating the claim, an insurance company is engaging in bad faith activity, thus resulting in increasing insurance claim disputes with AIX. If you are offered a low-ball amount by your insurance company, Raizner Slania can help you fight for the full amount to which you are entitled.

If your claim has been denied, disputed, or delayed by AIX, our insurance trial attorneys can assist you with your property insurance claim. We have extensive courtroom experience handling insurance litigation claims through trial and appeals. We know the complex legal issues involved in insurance law, and we have dealt with the AIX Specialty Insurance Company before.

Free Consultation and Contingency Fee Basis with an AIX Bad Faith Insurance Lawyer

We have earned national recognition as trial attorneys who help policyholders obtain the compensation they deserve for rightful claims against insurance companies that operate in bad faith. We handle all bad faith insurance litigation cases on a contingency fee basis, meaning you will not owe us anything unless we help you recover financial damages. If you have a claim pending under your AIX property insurance policy, call Raizner Slania today for real advice on what your options are.