Personal Injury Law

Our Personal Injury Section provides access to information and resources on many topics of personal injury law. Find definitions of personal injury, discover whether a personal injury lawsuit is advised in your case, elements of a personal injury case and understand...

Employment Law

As the Industrial Revolution swept America, Europe, and the rest of what is now known as the industrialized world, more and more people left their rural lives to live in cities and work in factories. As the number of such...

Divorce Law

Divorce (or the dissolution of marriage) is the final termination of a marital union, canceling the legal duties and responsibilities of marriage and dissolving the bonds of matrimony  between the parties. In most countries divorce requires the sanction of a...

Blogs

Tuesday, 06 April 2010 04:54

Declaratory Judgment in Insurance Cases

Written by
Rate this item
(0 votes)
There are many advantages to resolving insurance coverage cases as quickly as possible. Many of these cases are disposed of through what is known as declaratory judgment actions. These many be handled differently depending on state and different courtrooms. It is imperative to hire local counsel when it comes to insurance defense law. Your attorney should be knowledgeable of all laws in a particular state and courtroom in order for successful resolution of insurance coverage disputes. Your attorney will help you prepare and file motions and make very important strategic decisions.

Insurers gain a lot from obtaining a declaration of no coverage as early as they possibly can. Some of these advantages are included below.

Insurers will often get reduced attorney fees. Under certain circumstances, an insurer's obligation to investigate or defend underlying cases is waived. It is best to get things done as quickly as possible. This will help to lead the insurer to an economical resolution. It will also save time and hassle on the part of the insurer.

There is also a minimization in the amount of discovery time when a resolution is reached in a quick manner. The longer that it takes the more chances there are of evidence being discovered that will create reasons why a plaintiff needs coverage. The plaintiff's attorney and the plaintiff themselves will constantly continue to search for evidence and proof to make their case stronger.

If the insured person has counsel that is not experienced, quick resolution helps to eliminate the amount of time that the attorney has in developing strategy on behalf of the plaintiff. It is to the advantage of the insurer not to give the plaintiff any more extra time that what they absolutely have to. The plaintiff's attorney will be working very hard to create the most solid case that they can. It is important that they have the most minimal time. This is especially true if the plaintiff is working with a very experienced attorney.

Standards for declaratory judgment vary widely. This is from state to state, district to district, and even judge to judge.
It is vital to your case to have litigation attorneys that have knowledge of insurance defense law within the local area. There are many advantages to this. Strategy and strategic decisions will be more to your advantage as an insurer. It will save time and reduce overall costs. All parties usually know the attorneys who are local. This gives you as the insurer a certain amount of automatic credibility. This would not otherwise be achieved. There are certain agreements and other actions that will often take place when all parties know each other. That would not happen if not all parties knew your attorney.

The main goals of declaratory judgment actions are to provide a remedy to the insurer before the insured takes initiative, minimize loss, avoid multiple suits, and obtain an economical resolution. You need to be protected as an insurer who probably faces many lawsuits.

This is not legal advice.

Website Resource: The Law Group of Snyder Law. Serving Lakewood Ranch and Bradenton, FL.
Read 663 times
Login to post comments

Latest Lawyer Listings

  • Kawahito Law Group, APCKawahito Law Group, APCCategory: Employment LawDescription: Los Angeles employment lawyer James Kawahito and?the Kawahito Law Group bring the power of class action litigation to bear on misbehaving corporations, forcing them to stand up and take notice, right the wrongs they have committed, and change their unlawf ...Country:
  • Barbara Flum Stein & AssociatesBarbara Flum Stein & AssociatesCategory: Divorce LawDescription: Barbara Flum Stein & Associates is a Media family law firm serving clients throughout Delaware County in all aspects of family law, including divorce, child custody, adoptions and more.Country:
  • Goodblatt Leo?Goodblatt Leo?Category: Divorce LawDescription: The Orlando family lawyers at?Goodblatt ? Leo offer practical and goal-oriented representation in family law and bankruptcy matters, including divorce, Chapter 7, Chapter 13, mediation, and general litigation.Country:
  • Vanessa L. Prieto Law Offices, LLCVanessa L. Prieto Law Offices, LLCCategory: Divorce LawDescription: At Vanessa L. Prieto Law Offices, LLC, we understand the effects that contentious family law and divorce issues can have on our clients. Our attentive Fort Lauderdale divorce lawyer?works individually with you to resolve your high-conflict family law matt ...Country:
  • Kainen Law Group, PLLCKainen Law Group, PLLCCategory: Divorce LawDescription: Kainen Law Group is known for representing well-known individuals from all over the country in high asset, complex divorce actions, but we also handle family law matters for people from all walks of life in Summerlin, Henderson, North Las Vegas, Boulder C ...Country:
  • Show more...

Personal Injury

Business Law

Divorce Lawyers

Criminal Defence

Recent Activities

Pinned Items
Recent Activities
  • admin updated a blog post
    Considering drivers cause up to 94 percent of car crashes , according to the U.S. Department of Transportation National Highway Traffic Safety Administration, the move toward relying on cars that are automated or "driverless" makes sense for safety reasons. While these types of vehicles still require a "driver"'s hands to be on the wheel and that t...
    1. Continue Reading
    0
    0
    0
    0
    0
    0
    Post is under moderation
    Stream item published successfully. Item will now be visible on your stream.
There are no activities here yet
Cron Job Starts