What is Insurance Law?
The body of legislation pertaining to insurance is known as insurance law. A contract between two parties governs insurance. In return for payment of a premium, it transfers the risk of loss to the other party to the contract. Insurance laws and regulations administer and regulate the creation and enforcement of insurance contracts. In the United States, insurance regulations control the processes for offering, purchasing, selling, and filing claims. Insurance is a trillion dollar industry just in the US.
Call Chad T. Wilsom Law Firm, PLLC.
Speak with a property damage attorney if you’re having trouble getting your claim processed or if the insurance company is attempting to pay less for the claim than is reasonable.
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Chad T. Wilson is an attorney whose firm specializes in property insurance disputes.« Back to Glossary Index