AIG Business Insurance Recovery Lawyers

AIG handles commercial insurance for a variety of business owners, providing financial support in the event of commercial property damage and/or business interruption. However, they’re not known for keeping their word. A lack of customer satisfaction that seems to extend to every aspect of their business has made the company’s questionable priorities the subject of many headlines. It comes as no surprise their refusal to honor their obligations to policyholders has prompted multiple lawsuits.

Questionable Business Practices

AIG has made headlines over the past few years for accepting a government bailout and placing unreasonable burdens on the shoulders of policyholders and taxpayers. Amid these financial failures, the insurance giant has also failed many of its policyholders who depended upon them to honor their obligation to pay claims instead of accepting government handouts. Their reputation for misconduct has been so significant that they even changed their name to Chartis for a period of time.

A Reputation for Acting in Bad Faith

AIG insurance company has also earned a reputation for foul play. Policyholders face challenging hurdles created by AIG with the intent of making the claims process so unbearable that the business insurance claim is dropped from frustration. Adjusters delay claims by not returning phone calls, and many recommended service companies choose not to handle AIG claims given their poor business practices. Many businesses also experience extreme increases in their insurance rates after filing just one claim; some policyholders aren’t even notified.

Insurance law requires insurance companies to show reasonable cause for denying or delaying payment if the policy clearly covers the damages. The insurer must also provide reasonable payment for losses so that repairs can be made. AIG has been accused of wrongfully denying claims in order to avoid paying, and legal action taken against AIG in the name of business owners has been on the rise.

AIG Business Insurance Recovery Lawyers

Raizner Slania has experience fighting AIG’s bad faith tactics and have heard several complaints from frustrated policyholders. We focus on making the insurance companies honor their financial obligation to those who have paid their premiums in anticipation of an event where AIG would need to make them whole. If AIG has delayed, denied or disputed your business insurance claim, get in touch today.