Insurance
Nov. 17, 2000
After Notice
When a carrier receives notice, it must conduct a thorough investigation of the loss, the claim and any potential bases for coverage.
When an insured notifies its insurance carrier of loss, claim or lawsuit against it, the carrier has certain duties that it must perform. The carrier cannot sit back and ignore its insured. In fact, the law is established that a carrier must respond promptly to notices from its insured.
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