insurance settlement checks News

Texas Public Adjuster Accused of Pocketing Settlement Checks Says No Penalty Warranted

An attorney for the Texas public adjuster accused of pocketing $7.6 million in insurer settlement checks told an administrative law judge that the case doesn’t warrant any administrative penalties and if any restitution is ordered, it should be limited to …

Nashville Attorney Accused of Stealing from Client’s Settlement Checks

A Nashville personal injury attorney has been accused of stealing more than $280,000 from his clients’ settlement checks. The Tennessean reported Oct. 7 that police had seized computers and boxes of files from John L. Lowery’s Nashville home. According to …

Tennessee Supreme Court Rules for Insurer in Assignment of Benefits Case

The Tennessee Supreme Court has affirmed a Court of Appeals decision that a chiropractic patient’s assignment of benefits was not an effective assignment of his rights to insurance proceeds from a third party’s insurance company. The case stems from a …

N.J. Commissioner Commends Banks for Accelerating Payments of Insurance Proceeds

New Jersey’s top insurance regulator this week commended the actions of New Jersey community banks, national banks and servicers — including Wells Fargo Bank, JPMorgan Chase, Bank of America, and CitiMortgage. The regulator said these financial institutions continue to pursue …

Banks Trying to Expedite New York Storm Insurance Checks

The New York Department of Financial Services says five of the state’s largest banks and mortgage services will have representatives available this week to help homeowners cash insurance settlement checks from Superstorm Sandy. Lender representatives will be at Disaster Assistance …