According to the Texas Prompt Payment Act, insurance companies are now obligated to make timely payments to their policyholders. In this article, the insurance claims attorneys at MMA Law Firm explain the history behind this law and the consequences of partaking in bad faith practices. What Is the Texas Prompt Payment of Claims Act (TPPCA)? […]
Houston, TX – When your house is damaged by fire, wind, hail, vandalism, or another type of insured peril, one of the most difficult tasks is determining the value of your destroyed personal property. This refers to the stuff you own, including furniture, electronics, appliances, and clothing, as well as jewelry, art pieces, memorabilia, collections, […]
Most commercial insurance policies include coverages designed to protect businesses, owners, and employees. These insurance policies will most commonly have basic coverages such as property, liability, workers’ compensation, amongst other optional coverages. Because every business is different, business owners have the option to choose which policies best suit their needs. Commercial Property Insurance Definition Commercial […]
After a catastrophe, often the last thing commercial property owners want to deal with is the complex process of settling insurance claims. But, if they want to get back on their feet as soon as possible, it is vital to tackle this situation early on. When Should You File a Business Insurance Claim? When damage […]
When disaster strikes, most property owners are not qualified to assess the damage alone. Navigating the whirlwind that is post-loss after a disaster has struck is a full-time job, and this is where a large loss attorney can help. Depending on the extent of the damage, you may find yourself with a large loss claim […]
You are probably aware that filing a claim can be an overwhelming process. There is a lot of information to gather, and you may have questions about the entire process. For starters, how long should you wait for an insurance claim you filed? By taking some time to learn about what happens when you file […]
When searching for the right insurance policy, it may seem challenging to identify bad faith practices; if you believe your contract has been dishonored, it can be just as difficult to prove bad faith. Let’s discuss the signs of bad faith practices and how to fight them. What Is Bad Faith? The bad faith definition […]
Houston, TX – Texas leads the nation for the highest number of hail events registered each year, and the damages are huge. In 2021, for instance, there were 688 major hail events in Texas, with hailstones of one inch or higher in diameter. According to recent statistics, Texas also had the highest number of properties […]