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Showing posts from June, 2022

All of the following would be advantages to an insured or an insurer for purchasing or writing a Commercial Package policy, EXCEPT:

All of the following would be advantages to an insured or an insurer for purchasing or writing a Commercial Package policy, EXCEPT: Answer:  Packaging monoline policies together can provide broader coverage under each coverage part than purchasing the policies separately..
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When must a Texas insurer notify a claimant of either the acceptance or rejection of a claim after receiving all of the requested items, statements, and forms requested from the claimant?

When must a Texas insurer notify a claimant of either the acceptance or rejection of a claim after receiving all of the requested items, statements, and forms requested from the claimant? Answer:  Not later than the 15th business day.
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