Waukegan Insurance Dispute Attorneys Serving Lake & McHenry Counties

Has an insurance company unfairly denied your personal injury claim?& Is the insurance company just refusing to pay? It isn’t because they don’t have the money. Insurance companies put profits before people.

The insurance industry is making huge profits and the CEO’s of the top 10 property/casualty insurance companies earned an average $8.9 million in 2007. In addition to an estimated 3.8 trillion dollars in assets, the U.S. insurance industry takes in over $1 trillion in premiums annually.

Over the last 10 years, the property/casualty insurance industry has enjoyed average profits of over $30 billion a year. The life and health side of the insurance industry has averaged double that amount – $60 billion an year.

Personal Injury Attorney Lake County ILTo learn more about the nasty tricks and traps the insurance companies will use to delay and deny your claim get my FREE book, The Rule of 5′s and How The Insurance Companies Will Use THEM to Deny Your Claim. It is yours for the asking.

Free Bad Faith Insurance Case Review

If you or a family member has struggled with an insurance claim, Lake County, IL Attorney Robert Edens can help you get the compensation you are entitled to. Having substantial experience with insurance disputes and bad faith claims and trying many of these cases in court, the Law Offices of Robert T. Edens has the skill and expertise necessary to help you.

Contact me now for a FREE legal consultation if you are in an insurance dispute or believe your insurance company is acting in bad faith. There is no fee until I successfully receive fair compensation for your injuries and damages. If necessary, I can even come to you.

Top Ten Worst Insurance Companies

Researchers at the American Association for Justice (AAJ) undertook a comprehensive investigation to determine the shortcomings of major insurance companies in the U.S.. The final list of the ten worst insurance companies included companies across a range of different insurance fields, including homeowners, auto insurers, health insurers, life insurers, and disability insurers.

The findings might surprise you…

1. Allstate
2. Unum
3. AIG
4. State Farm
5. Conseco
6. WellPoint
7. Farmers
8. United Health
9. Torchmark
10. Liberty Mutual

Allstate Insurance – Good Hands or Boxing Gloves?

Recently Allstate has been working hard to overcome their reputation for their confrontational attitude towards its own policy holders but are their commercials misleading? Allstate focuses on reducing the amount of money it pays in valid claims. When it adopted these recommendations, Allstate made a deliberate decision to start putting profits over policyholders.

By using a combination of lowball offers and hardball litigation, Allstate routinely offers claimants less than their case is worth; sometimes leaving the claimant with less money than they need to cover medical bills and lost wages. If the claimant rejects the lowball offer and files a lawsuit Allstate will sometimes spend more than the claim is worth to fight it in court.

Former Allstate adjusters say they received bonuses for keeping claims payments low, even if they knowingly deceived their customers.

Unum – Delay and Deny

Unum has a history of delaying and denying claims. Former employees have reported that management ordered them to deny claims in order to meet cost-savings goals. In 2005, While denying any wrongdoing, Unum agreed to a settlement with insurance commissioners from 48 states over their claims-handling practices and agreed to reopen more than 200,000 cases and pay $15 million.

According to a report by the California Department of Insurance, Unum systematically violated state insurance regulations and fraudulently denied or low-balled claims using phony medical reports, policy misrepresentations, and biased investigations.

State Farm – The Three D’s

State Farm uses consulting giant McKinsey Co. who’s concept involves cutting spending on payments to boost profits.The McKinsey way speaks of the “three D’s”— Deny the claim, Delay the payment, and then do anything they can to Defend against a lawsuit.

Once a claim goes to court,State Farm is never shy about playing dirty. They will use many of their clients own words to stack the deck against them.

AIG Insurance – Largest Insurance, Largest Abuses

The world’s largest insurer, AIG has a reputation for claims handling abuses for both individuals and business clients.Former AIG claims supervisors have alleged in litigation that the company used a variety of tricks and traps to avoid paying claims. Some of the tactics included locking checks in a safe until claimants complained, delaying payment of attorney fees until they were a year old,losing important correspondence, and typically fighting even the smallest, mundane claims for years in effort to get clients to settle.

AIG is not alone in using tactics such as the 3 D’s to enhance its bottom line at their customers’ expense but what does set them apart is the way they so callously take advantage of their policyholders’ misfortunes.

Insurance Claims Abuse Attorney in Lake County, IL

We can help whether you live in Fox Lake, Gurnee, Grayslake, Lake Villa, Ingleside, Lindenhurst, Round Lake, Round Lake Beach, Round Lake Heights, Round Lake Park, Waukegan, Zion, Highland Park, Libertyville, Mundelein, Algonquin, Crystal Lake, Lake in the Hills, McHenry, Woodstock, and North Chicago. Having substantial experience with insurance claims and often trying these kinds of cases in court, I have the skill and expertise necessary to help you.