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Lexington Slow Payments and Ignores Policyholders Real Estate Insurance Law Insurance Blog



Lexington's insurance company President and CEO Lou Levinson. He really needs to have a big ego, because what he allows his company to promise regarding claims has nothing to do with what is delivered. I urge him and his Vice President for claims to appear at a damages meeting anywhere in the five largest states to listen to what their customers have to go through. They can invite whoever they want, and we will invite whoever we want.

I represented a billionaire in Miami Beach with his statement last year. He was furious at the late payment – more than 60 days after the agreed settlement of the dollar, which was in litigation. We are now in an unfaithful lawsuit. Lexington desk adjuster never called him ̵

1; on a loss that happened while he fixed a previously covered loss that was also delayed by Lexington! wrote that contractors who fix the damage should be interviewed quickly by insurance adjusters. Not doing so is like covering your eyes so there is an excuse not to pay or delay payment rather than just analyzing available information.

The need for rapid communication and investigation is obvious: in addition to the absence of peace of mind, the premature adjustment of a claim exposes an applicant to further loss of property. We thus conclude that the defendant had an obligation to communicate quickly and efficiently with anyone who was reasonably aware of or legitimately needed information about the handling of the plaintiff's claims. receivables representatives? Do they hope by ignoring factual claims not being paid on time so that their bosses can invest in the float or hoping people will leave?

I can attach thousands of consumer complaints to this blog about late and underpaid Lexington claims. Eventually, Lexington and AIG executives should have their audit committees investigate to find out if they allow system-based processes that delay and delay claims on their customers.

If they called me and some of my friends, I could give them a lot of data. The question is whether AIG's board is willing to learn the truth about what it allows Lexington Property to do. call us. We share information to make a meaningful change to prevent such a entity from continuing in this way or being held liable for not immediately paying claims and not caring about its customers.

Thoughts for the day [19659003] Large-scale success requires you to take responsibility. . . . Ultimately, this is the quality that all successful people have the ability to take responsibility for.
—Michael Korda


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