Jim Sams

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About Jim Sams

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So far Jim Sams has created 106 blog entries.
25 01, 2023

Report Says Social Inflation Adds Up to 11% to Physician Malpractice Claims

By | January 25th, 2023|Uncategorized|Comments Off on Report Says Social Inflation Adds Up to 11% to Physician Malpractice Claims

Social inflation accounts for 8% to 11% of all medical malpractice losses for carriers that insure physicians, according to an actuarial analysis commissioned by The Doctors Co. TDC hired Moore Actuarial Consulting to estimate how much insurers’ average losses are …

25 01, 2023

Attorney for La. Insurer Says Firm Working with Contractors to Find New Hurricane Claimants

By | January 25th, 2023|Uncategorized|Comments Off on Attorney for La. Insurer Says Firm Working with Contractors to Find New Hurricane Claimants

An insurance defense attorney accuses the McClenny Moseley & Associates law firm of teaming up with restoration contractors to illegally acquire clients, which sometimes resulted in duplicate lawsuits being filed against insurers for claimants who were already represented by other …

16 01, 2023

Exclusive Remedy Bars Uninsured Motorist Coverage for Crash — S. Carolina High Court

By | January 16th, 2023|Uncategorized|Comments Off on Exclusive Remedy Bars Uninsured Motorist Coverage for Crash — S. Carolina High Court

If Stephany Connelly had not been working, she may have been entitled to collect up to $350,000 in uninsured motorist benefits because of the injuries she suffered from a 2015 car crash. But she was working at the time of …

29 12, 2022

Ransomware Did Not Cause Direct Physical Loss, State High Court Says

By | December 29th, 2022|Uncategorized|Comments Off on Ransomware Did Not Cause Direct Physical Loss, State High Court Says

A business owner’s insurance policy did not provide coverage for software damaged by a ransomware attack because there was no direct physical damage or loss, the Ohio Supreme Court ruled. “Computer software cannot experience ‘direct physical loss or physical damage’ …

9 12, 2022

Suspended Florida Claim Center Lawyer Agrees to Interim Probation

By | December 9th, 2022|Uncategorized|Comments Off on Suspended Florida Claim Center Lawyer Agrees to Interim Probation

A Florida lawyer whose law license was suspended after setting up a “mobile claim center” near Fort Myers is able to resume the practice of law under the terms of an agreement she reached with the Florida Bar. Jennifer Perez, …

29 11, 2022

Illinois Supreme Court: Tenants not Covered by Landlord’s Insurance Policy

By | November 29th, 2022|Uncategorized|Comments Off on Illinois Supreme Court: Tenants not Covered by Landlord’s Insurance Policy

An insurer has no duty to defend the tenants of an insured property against a third-party negligence contribution claim, the Illinois Supreme Court ruled Monday. In a unanimous decision, the state high court reversed the Third District Appellate Court and …

23 11, 2022

Louisiana Court to Hear Appeal of Rare Policyholder Victory in COVID Claim

By | November 23rd, 2022|Uncategorized|Comments Off on Louisiana Court to Hear Appeal of Rare Policyholder Victory in COVID Claim

The Louisiana Supreme Court has agreed to review an appellate court decision that found the COVID virus caused a direct physical loss that was covered by insurance. The Louisiana high court announced Tuesday that it will take up an appeal …

7 11, 2022

Ruling Exposes Gov’t to $1.6B In Damages Because of Hurricane Harvey Flooding

By | November 7th, 2022|Uncategorized|Comments Off on Ruling Exposes Gov’t to $1.6B In Damages Because of Hurricane Harvey Flooding

A federal court in late October found the US government liable for $455,000 in damages to six claimants whose homes were flooded by water backed up behind two dams near Houston during Hurricane Harvey — but that’s just for starters. …

3 11, 2022

Driver Can Stack Uninsured Motorist Coverage, South Carolina High Court Says

By | November 3rd, 2022|Uncategorized|Comments Off on Driver Can Stack Uninsured Motorist Coverage, South Carolina High Court Says

A woman who was injured in a crash while driving a rental car provided by an auto insurer may collect uninsured motorist benefits from more than one policy, the South Carolina Supreme Court ruled Wednesday. In a 3-2 decision, the …

6 10, 2022

Amended Complaint: Texas Public Adjuster Losses Nearly $8 Million

By | October 6th, 2022|Uncategorized|Comments Off on Amended Complaint: Texas Public Adjuster Losses Nearly $8 Million

A public adjuster who is accused of pocketing insurance payouts intended for policyholders took a total of $7.9 million from 14 customers, including four churches, according to an amended complaint filed by the Texas Department of Insurance. The Texas State …