Frequently Asked Questions

Does PSIC respect my consent-to-settle?

Answer

Absolutely! Some insurance companies say they will not settle a case without your consent – however, if you don’t provide your consent, their policies may allow for arbitration to determine if you are withholding consent unreasonably. An arbiter’s finding that consent is being unreasonably withheld could authorize the company to settle the claim without your approval. At PSIC, no case is ever settled without your written consent to settle – giving you full voice in settlement issues since it’s your reputation and good name on the line.

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