When you buy an insurance policy in Nevada, you enter a contract with your insurer. This contract, often lengthy and complex, outlines what the insurance policy covers. This can range from property damage to medical expenses. However, what happens when you face issues like unfair claim denials or unreasonable delays, which may be beyond the confines of the contract? This is where… The post Beyond the fine print: Defining extra-contractual insurance claims first appeared on Keating Law Group PC ..read more

Las Vegas thrives on innovation, risk and leadership. From the dazzling Strip to emerging tech hubs, companies often depend on specific individuals for success. But what happens when these key people can’t work? Key person insurance offers a financial safeguard that can determine a company’s future. Defining key person insurance Key person insurance is a life insurance policy a company… The post What businesses need to know about key person insurance first appeared on Keating Law Group PC ..read more

Car accidents happen often in Las Vegas. Unfortunately, some people try to play the system through auto insurance fraud. This deceptive practice not only weakens the integrity of the insurance system but also leads to higher premiums for everyone. If you work in insurance, you need to spot these tricks to protect both your company and your customers. Here are… The post Red flags for auto insurance fraud: What insurers should watch out for first appeared on Keating Law Group PC ..read more

One of the risks of doing business as an insurance company is facing accusations of fraud from policyholders. Such claims can harm your finances and reputation. Nevada has strict insurance fraud laws, so you should know how to protect your interests. Your primary goal should be to limit the damage and stem negative public backlash. Managing public reputation One of… The post How to defend your company against fraud allegations first appeared on Keating Law Group PC ..read more

Insurance policies are there to insulate us from the devastating financial effects of certain situations. There’s your car insurance, life insurance and health insurance. However, the worst part about having insurance is finding that what happened to you is not covered by your policy. To avoid such a situation, let’s examine three common insurance policy exclusions. Preexisting conditions Preexisting conditions… The post 3 common exclusions of insurance policies first appeared on Keating Law Group PC ..read more

As a policyholder, you rely on your insurance provider to have your back in times of need. But when they fail to fulfill their obligations, you might need to take legal action. Filing a bad faith lawsuit can be a daunting task, and one misstep can put your entire case at risk. Two critical mistakes to avoid are related to… The post Common mistakes that can put your bad faith lawsuit at risk first appeared on Keating Law Group PC ..read more

Insurance companies must understand the importance of managing risk and protecting clients from unforeseen events. One effective way to do so is through reinsurance. This can provide an added layer of security and stability to the company. But when is the right time to consider reinsurance? The basics of reinsurance Reinsurance is like having a safety net for your safety… The post When is it time for a reinsurance? first appeared on Keating Law Group PC ..read more

Whether you’re a small business owner or a private individual, protecting your assets is crucial. That is what makes insurance coverage valuable. However, simply purchasing a policy may not be enough. It’s important to fully understand the coverage you’re getting. Understanding your insurance policy An insurance analysis is a comprehensive review of your current coverage. It offers insight into whether… The post What is an insurance analysis and why is it important? first appeared on Keating Law Group PC ..read more

When facing allegations of insurance fraud, defendants might underestimate the significance of preserving evidence. However, it is crucial to understand that evidence can make or break a case. In Nevada, insurance fraud is a serious offense with severe penalties, such as fines and imprisonment. If you are dealing with an insurance fraud charge, how can you preserve evidence to build… The post The importance of preserving evidence in insurance fraud cases first appeared on Keating Law Group PC ..read more

Dealing with an insurance bad faith accusation can be a stressful and overwhelming experience for any business. Aside from the legal consequences, an allegation can create a negative ripple effect that may potentially harm your business. Whether they are proven claims or just allegations, here are five ways a bad-faith complaint can impact your business. 1. Damage to reputation A… The post How an insurance bad faith accusation can affect your business first appeared on Keating Law Group PC ..read more