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Insurance Attorneys Investigating Premium Increases for Insured Businesses

New York 5/02/2012 01:21 PM GMT (WooEB)

The attorneys working with ClassAction.org are looking to determine whether certain commercial insurance companies are abusing the rates they impose on policy holders. It has been alleged that some insurers may be improperly raising premiums for insured businesses which have undergone no significant change in operations or exposures. If you have a commercial property or liability insurance policy and seen your premiums increase without any corresponding change in operations, the attorneys working with ClassAction.org would like to hear from you to assist in their investigation. For more information, please visit http://www.classaction.org/commercial-insurance-premium-increases.html and complete the free case review form today. You may be able to make a claim for compensation. 

Many insurers are required to file the criteria they will use for schedule rating plans in applying their “judgment” to individual business which have exposures that are better or worse than the theoretical average. In some cases, insurers will violate these regulations and raise prices by improperly debiting risks or reducing credits, even though there has been no change in operations or exposures, according to allegations. It is believed that state regulators rarely catch this activity, which could span several years. 

If you have noticed an increase in your commercial property or liability insurance premiums without a change in operations or exposures, you may have legal recourse. To learn more, visit ClassAction.org today. The insurance attorneys working with the site are providing a free, online consultation to any insured business who believes they may have been subjected to unfair commercial insurance premium increases. 

About Class Action.org

Class Action.org is dedicated to protecting consumers and investors in class actions and complex litigation throughout the United States. Class Action.org keeps consumers informed about product alerts, recalls, and emerging litigation and helps them take action against the manufacturers of defective products, drugs, and medical devices. Information about consumer fraud issues and environmental hazards is also available on the site. Visit http://www.classaction.org today for a no cost, no obligation case evaluation and information about your consumer rights.

pressrelease@lawyercentral.com
www.classaction.org/commercial-insurance-premium-increases.html

 

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