Case Studies – Insurance Settlement for $1 Million Policy Limit

Insurance Settlement for $1 Million Policy Limit

Insurance companies often deny or delay providing coverage on business insurance claims. In this case, Damian J. Arguello sued an energy company’s CGL insurer, which denied coverage for the underlying plaintiff’s lost profit and consequential damages. Through strategy and negotiation, Damian forced the insurance company to offer the $1 million policy limit, plus a separate settlement for the insured’s legal fees, to settle the case.

When to Hire an Insurance Lawyer

  • Denied Insurance Claims
  • Delayed Claim Payments
  • Insurance Coverage Disputes
  • Bad Faith Claims
  • Unfair Claim Handling
  • Contract requires party to carry insurance
  • Agreement has indemnity/hold harmless provision
  • Merger/acquisition requiring insurance due diligence
  • Case where any litigant may have insurance
  • Client questions insurance adequacy

How We Helped

  • Business
  • Denial of Insurance Defense
  • Settled for $1 Million Policy Limit
  • Damian J. Arguello

Attorney Information

Colorado Insurance Law Center

  8690 Wolff Court, Ste. 200, Westminster, CO 80031

  (303) 427-2454

Call or email us today to see how can help with your insurance challenge