Predicted Problems With Long Term Care Insurance Claims Beginning to Surface

March 27, 2007

When the nations' life, health and disability insurers began to lose money on their book of disability insurance business, they turned to increased sales of long term care insurance to beef up their balance sheets.  But as the New York Times has reported this week, as the claims have now begun to come in, some of these insurers are engaging in bad faith claims handling tactics and denying many legitimate claims.

Quadrino Schwartz has been a national leader in fighting against abuses in the disability insurance industry, and now the firm will take the fight to long term care companies that victimize the elderly and their families by denying their legitimate claims. 

For more information, see the New Times article at: 

http://www.nytimes.com/2007/03/26/business/26care.html?_r=1&oref=slogin