In the Details: Preventing Bad Faith Claims An estoppel is the statutory loss of that right because of some earlier act or omission constituted a waiver. Estoppel cannot occur without the waiver. In the insurance professionals’ world, the issue of waiver and estoppels may come up with regard to coverage. If a claims adjuster has a reason to deny coverage, but does not, and the insured relies on that coverage; the insurance company would be prevented from asserting its right to deny coverage at some later date. This is estoppel.......read more : goo.gl/GIxgDi
Posted on: Wed, 19 Mar 2014 09:06:50 +0000
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