Experienced Legal Representation for Insurance Law Matters

Insurance Law is a highly specialized field in the legal world, consisting in the practice of law surrounding insurance, insurance policies and claims. This field can be broadly broken into three categories — regulation of the business of insurance; regulation of the content of insurance policies, especially with regard to consumer policies; and regulation of claim handling.

In our relatively highly-regulated jurisdiction here in Maryland, the scope of regulation extends beyond the prudential oversight of insurance companies and their capital adequacy, and include such matters as ensuring that the policy holder is protected against bad faith claims on the insurer's part, that premiums are not unduly high (or fixed), and that contracts and policies issued meet a minimum standard. If an insurer is found to be guilty of fraud or deception, that insurer can be fined either by regulatory bodies, or in a lawsuit by the insured or surrounding party.

In more severe cases, or if the party has had a series of complaints or rulings, the insurer's license may be revoked or suspended. Of course, these are drastic measures!

If you have any questions about the applicability of these matters to your situation, you are strongly urged to call Jay Young. Mr. Young's experience in negotiating the sometimes-bewildering ins-and-outs of insurance law is second to none, and his skills, ethical standards and successful history in this area are recognized by his peers and by the insurance industry. Call him today!

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