Departing from the majority rule, a federal court recently held that an insurer must disclose reserve information. Maiden Creek T.V., Appliance, Inc. v. General Casualty Insurance Company, 2005 U.S. Dist. Lexis 14693 (E.D. Pa. 2005).Departing from the majority rule, a federal court recently held that an insurer must disclose reserve information. Maiden Creek T.V., Appliance, Inc. v. General Casualty Insurance Company, 2005 U.S. Dist. Lexis 14693 (E.D. Pa. 2005). In this case the insured brought an action against its insurer for breach of contract, bad faith, and violation of the Pennsylvania Unfair Trade Practices and Consumer Protection Law. The insured filed a claim under its insurance ... Continue Reading
Double Dipping –Claimants Entitlement To Indemnity Benefits And Paid Vacation
It begins as your typical workers' compensation scenario: Joe Claimant sustains a back injury while on the job, and is subsequently taken out of work by his physician. However, Joe does not receive workers' compensation indemnity benefits during his time off, but instead, uses his accrued personal paid vacation, comprised of annual and/or sick leave.It begins as your typical workers’ compensation scenario: Joe Claimant sustains a back injury while on the job, and is subsequently taken out of work by his physician. However, Joe does not receive workers’ compensation indemnity benefits during his time off, but instead, uses his accrued personal paid vacation, comprised of annual ... Continue Reading