Monday, February 6, 2012

Delay in Payment of Insurance Claim

Under Section 244, a prima facie evidence of unreasonable delay in payment of the claim is created by the failure of the insurer to pay the claim within the time fixed in Section 243 (New World International Development (Phils.), Inc. Vs. Nyk-FilJapan Shipping Corp., et al./New World International Development(Phils.), Inc. Vs. Seaboard-Eastern Insurance Co., Inc.,
G.R. No. 171468/G.R. No. 174241. August 24, 2011
).

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