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Recently Closed Claims’ Lessons November 2019
OBLIC paid approximately $7,005 to resolve 3 claims that were closed last month. Payments included loss payments, such as judgments awarded or settlement payments, and the attorneys’ fees and costs OBLIC paid to defend its insureds. This is part of a continuing monthly series providing information on recently closed claims. We will provide claim statistics on the areas of […]
Recently Closed Claims’ Lessons October 2019
OBLIC paid approximately $315,545 to resolve 7 claims that were closed last month. Payments included loss payments, such as judgments awarded or settlement payments, and the attorneys’ fees and costs OBLIC paid to defend its insureds. This is part of a continuing monthly series providing information on recently closed claims. We will provide claim statistics on the areas of […]
Coverage Question Series – Part 65
This is a continuing series in which we address policy coverage questions that we routinely discuss with you and your colleagues. The answers provided are based on the basic policy form, currently LPLP-1s (effective for all policies new or renewed as of May 1, 2018). Refer to your specific policy and any endorsements attached thereto that may […]
Recently Closed Claims’ Lessons September 2019
OBLIC paid approximately $455,201 to resolve 11 claims that were closed last month. Payments included loss payments, such as judgments awarded or settlement payments, and the attorneys’ fees and costs OBLIC paid to defend its insureds. This is part of a continuing monthly series providing information on recently closed claims. We will provide claim statistics on the areas of […]
Coverage Question Series – Part 64
This is a continuing series in which we address policy coverage questions that we routinely discuss with you and your colleagues. The answers provided are based on the basic policy form, currently LPLP-1s (effective for all policies new or renewed as of May 1, 2018). Refer to your specific policy and any endorsements attached thereto that may […]
Recently Closed Claims’ Lessons August 2019
OBLIC paid approximately $758,015 to resolve 7 claims that were closed last month Payments included loss payments, such as judgments awarded or settlement payments, and the attorneys’ fees and costs OBLIC paid to defend its insureds. This is part of a continuing monthly series providing information on recently closed claims. We will provide claim statistics on the areas of […]
Recently Closed Claims’ Lessons July 2019
OBLIC paid approximately $96,850 to resolve seven claims that were closed last month. Payments included loss payments, such as judgments awarded or settlement payments, and the attorneys’ fees and costs OBLIC paid to defend its insureds. This is the first part of a new monthly series providing information on recently closed claims. We will provide claim statistics on the […]
Coverage Question Series – Part 63
This is a continuing series in which we address policy coverage questions that we routinely discuss with you and your colleagues. The answers provided are based on the basic policy form, currently LPLP-1s (effective for all policies new or renewed as of May 1, 2018). Refer to your specific policy and any endorsements attached thereto that may […]
Coverage Question Series – Part 62
This is a continuing series in which we address policy coverage questions that we routinely discuss with you and your colleagues. The answers provided are based on the basic policy form, currently LPLP-1s (effective for all policies new or renewed as of May 1, 2018). Refer to your specific policy and any endorsements attached thereto that may […]
Coverage Question Series – Part 61
This is a continuing series in which we address policy coverage questions that we routinely discuss with you and your colleagues. The answers provided are based on the basic policy form, currently LPLP-1s (effective for all policies new or renewed as of May 1, 2018). Refer to your specific policy and any endorsements attached thereto that may […]
