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CPA/Accountant Liability — insurance company denying valid claim

Started by TechStartup_Founder · Aug 17, 2023 · 2,880 views · 10 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
TF
TechStartup_Founder OP

I've been trying to resolve this on my own but I'm stuck.

insurance company denying valid claim. I've been dealing with this for about 9 weeks now and the situation isn't improving.

I have already consulted briefly with a lawyer but got conflicting advice.

What are the risks if I pursue this? What's the likely timeline?

CI
confused_investor_today

Just want to point out — the statute of limitations might be a factor here. In some states it's as short as 1-2 years. Don't sit on this too long.

FT
first_time_tenant_FL

This happened to me too. Have you tried filing a complaint with the relevant agency? In my case they investigated and it got resolved without needing a lawyer.

TL
Mod_TermsLaw Moderator

I practice in this area. Here's my take on the legal issues.

The key question is whether the applicable statute of limitations has run. Depending on your jurisdiction, you typically have the relevant statute years for this type of claim.

You should consult with a local attorney who handles these cases. Many offer free initial consultations.

NL
NursePractitioner_LA

I've dealt with this before.

The biggest mistake people make in this situation is escalating to a supervisor/manager. I'd recommend following the formal complaint procedure instead.

CA
ConsumerAdvocate

I went through almost the exact same thing.

I ended up having everything documented, which cost about $3-6 but saved me a lot more in the long run.

NH
need_help_student_OH

Following this thread — I'm in a very similar situation. Would love to hear how it turns out.

TT
throwaway_tenant_today

This happened to me too. Have you tried filing a complaint with the relevant agency? In my case they investigated and it got resolved without needing a lawyer.

TP
throwaway_parent_FL

I work in this industry and unfortunately this is very common. The good news is that when people actually push back with legal representation, companies usually settle.

HM
help_me_seller_WA

I had a similar issue and ended up consulting with an attorney. It was worth the $200-300 for the initial consultation just to understand my rights.

PN
Photographer_NYC

Not a lawyer, but I have direct experience with this.

I ended up having everything documented, which cost about $3-6 but saved me a lot more in the long run.

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