INSURANCE LAW

PRACTICE AREA / UTAH INSURANCE LAW ATTORNEYS

Richards Brandt serves the legal needs of clients requiring lawyers with experience and knowledge about the complexities of insurance law in Salt Lake City, Utah. Our clients seek our assistance regarding questions of coverage for different lines of insurance, including both first party and third party claims.

INSURANCE LAW ATTORNEYS IN UTAH

The law firm of Richards Brandt serves the legal needs of companies whose representatives are looking for lawyers with a high level of experience and knowledge in insurance law. Many insurance questions are essentially contract disputes. Our clients seek our assistance regarding questions of coverage for different lines of insurance, including both first-party and third-party claims.

Our insurance lawyers have cumulatively been practicing insurance law for 100 years. We have handled cases involving almost every type of insurance law issue. Our continuing legal education in the area includes in-depth analysis of the history of insurance and changing laws affecting best practices in the insurance industry. We frequently attend and deliver seminars on topics pertaining to insurance coverage such as:

First-Party And Third-Party Coverage

Insurance policies can offer first-party coverage and/or third-party coverage. First-party coverage refers to protection for the insured for losses sustained by the person named in the policy. Third-party coverage is also called liability insurance.

Third-party insurance coverage is generally evoked where a claim or suit has been initiated against the insured because of injury or property damage to a third party.

Analyzing our clients’ rights and duties under their policy and evaluating varying legal principles is a critical part of representing our clients.

First-Party Property Insurance Disputes

Richards Brandt provides both advice and representation for its clients in complex matters related to insurance coverage disputes, policy interpretation, and the application of policy exclusions. We have experience in providing coverage opinions and litigating coverage matters on behalf of the insured.

Best Claims Practices and Insurance Bad Faith Claims

Our experience in assisting insurance clients throughout the claims process, representing them in trial, arbitration, and mediation throughout the intermountain west is second to none. We regularly consult, litigate, and try bad faith claims for a variety of insurance products.

The stakes are high in large claims, often in excess of a million dollars. It is important the attorney you work with has years of experience in insurance law. While your general practioner has experience across multiple fields of law, which may be helpful during the normal course of business, once an insurance dispute arises, it is in your best interest to find the most experienced attorney who understands your industry and insurance law.

RECENT INSURANCE LAW UPDATES

2016 Yancey Memorial Award

INSURANCE LAW ATTORNEYS AT RICHARDS BRANDT IN SALT LAKE CITY, UTAH

Standard Commercial Liability Insurance

Commercial Liability or Commercial General Liability coverage is a standard insurance policy issued to businesses to protect them against claims involving bodily injury/property damage and personal/advertising injury. These claims may occur on or at the company’s place of business, during operations, as a result of using a product, or a claim may involve some kind of advertising liability. Each of these types of claims requires specialized knowledge of different aspects of the law.

For-profit and not-for-profit organizations face significant risk throughout the life of a business. Working with an attorney to evaluate your coverage is a critical step in a good risk management plan. Preparing for the inevitable claim before it happens provides every organization the piece of mind and confidence that they have protected their business and livelihood.

Construction Defects

Our Construction Industry Group Attorneys have worked exclusively to defend the construction industry for decades. Insurance coverage and insurance claims are a fact of life during every stage of a construction project, regardless of the size. Click here to meet our attorneys in the Construction Industry Group.

Indemnity Agreements

Our business clients routinely require other industry parties to indemnify and add them as additional insureds. By transferring the risk, one party (the indemnitor) promises to assume the liability of another (the indemnitee).

The three types of indemnity clauses include broad, intermediate, or limited risk. It is important to speak with an attorney about the type of indemnification you should agree to as well as in what situation it should be enforced. Negligence claims are complex and often involve multiple parties, your attorney will defend your organization and its work.

Insurance Defense in Salt Lake City, Utah

Richards Brandt represents insurance companies and their insureds. Insurance defense is a specialized area of the law requiring in-depth knowledge and experience. We have a strong reputation and long history of focusing on the insurance defense industry. Our clients include many of the largest insurance carriers in the U.S.

We know how to scrutinize auto policies and commercial trucking policies in detail. We have represented insurers in bad faith insurance litigation, and we can advise your company about ERISA-related issues. We provide counsel regarding insurance litigation under consideration by other law firms. Our range of experience encompasses a wide variety of insurance categories, including the following:

  • Auto insurance
  • Homeowners insurance
  • Professional liability insurance
  • Health care and disability insurance or self-funded welfare benefit plans
  • Commercial general liability insurance

For information about how we can serve your legal needs pertaining to insurance, insurability or insurance coverage, contact us by phone or e-mail.

Salt Lake City area insurers, businesses, and private insureds are encouraged to call or e-mail Richards Brandt to arrange for a consultation with one of our lawyers. We serve clients in insurance law matters throughout the State of Utah, and intermountain west.

FREQUENTLY ASKED QUESTIONS (FAQS)

BUSINESS TRANSACTIONS & CORPORATE GOVERNANCE / FEATURED FAQS

Answered by:

A: To decide which entity is right for you, we look at: liability, taxation, and maintenance. Both corporations and LLC’s have limited personal liability—this means that owners are usually not responsible for business debts. However, corporations and LLC’s are taxed very differently—corporations are classified as a separate taxable entity, whereas LLC’s are typically taxed as a pass-through entity (unless you choose otherwise). And corporations and LLC’s have different levels of maintenance—LLC’s have fewer reporting requirements and can operate solely with members acting as the managers. Conversely, corporations are required to hold certain annual meetings, keep certain records, and appoint boards and officers to manage the company for the stockholders. Every situation is unique so we recommend that you consult with an attorney in making your decision. Contact our firm, Richards Brandt, if we can help you decide which entity is right for you.

Answered by:

A: To decide which entity is right for you, we look at: liability, taxation, and maintenance. Both corporations and LLC’s have limited personal liability—this means that owners are usually not responsible for business debts. However, corporations and LLC’s are taxed very differently—corporations are classified as a separate taxable entity, whereas LLC’s are typically taxed as a pass-through entity (unless you choose otherwise). And corporations and LLC’s have different levels of maintenance—LLC’s have fewer reporting requirements and can operate solely with members acting as the managers. Conversely, corporations are required to hold certain annual meetings, keep certain records, and appoint boards and officers to manage the company for the stockholders. Every situation is unique so we recommend that you consult with an attorney in making your decision. Contact our firm, Richards Brandt, if we can help you decide which entity is right for you.

Answered by:

A: To decide which entity is right for you, we look at: liability, taxation, and maintenance. Both corporations and LLC’s have limited personal liability—this means that owners are usually not responsible for business debts. However, corporations and LLC’s are taxed very differently—corporations are classified as a separate taxable entity, whereas LLC’s are typically taxed as a pass-through entity (unless you choose otherwise). And corporations and LLC’s have different levels of maintenance—LLC’s have fewer reporting requirements and can operate solely with members acting as the managers. Conversely, corporations are required to hold certain annual meetings, keep certain records, and appoint boards and officers to manage the company for the stockholders. Every situation is unique so we recommend that you consult with an attorney in making your decision. Contact our firm, Richards Brandt, if we can help you decide which entity is right for you.

BUSINESS TRANSACTIONS & CORPORATE GOVERNANCE – CASE STUDIES

Utah Manufacturing Company Needed Employment Contracts For Key Staffers

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REVIEWS

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