Tag: late claims

Capital and Risk, Insurance, Regulations

Federal Court Finds 27 Months is Too Late to File Irma Claim

November 2, 2021

Via: Insurance Journal

If the insurance policy calls for “prompt notice” of property damage after a storm, the policyholder cannot wait two years to file a claim, a federal court in Miami has ruled. In LMP Holdings vs. Scottsdale Insurance Co., the U.S. […]