Insurance Claims Process: A Brief Overview on Understanding How to Negotiate Your Claims

It is commonly recognized that insurance companies can be very difficult to negotiate with. If you have suffered a personal injury and intend on filing a claim with your insurance company, you should be prepared to negotiate a resolution with the claim’s adjuster. Settlement negotiations are a central part of the personal injury claims processes and they typically begin when the injury is reported to the insurance company. Many details must be considered before accepting or rejecting an insurance company’s settlement offer. An insured is not legally obligated to accept an insurance company’s settlement offer. However, if you do accept a...

10 January

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Understanding General Partnerships in the State of California

Posted by Matthew Knez

in Business Law

A general partnership in the state of California is the collective entity that is formed when two or more individuals and/or entities engage in a trade or business. The intent of all shared activities is to share profits as well as losses. General Partnership versus Sole-proprietorship A General Partnership in the state of California is one of the most common arrangements of business ownership. This form of arrangement is very similar to an arrangement known as sole-proprietorship. There is, however, one main difference between the two. A businesses ownership known as sole-proprietorship refers to a single individual who is the one responsible...

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Insurance Claims Process: A Brief Overview on Understanding How to Negotiate Your Claims

Understanding General Partnerships in the State of California