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The following information is taken from documents supplied by the firm insuring
all chapters of Triangle Fraternity:
James R. Favor & Company
14466 East Evans Avenue
Aurora, CO 80014-1409
(303) 750-1122
(800) 344-7335
Fax: (303) 745-8669
Liability Losses / Claims Procedures
Any loss or claim which may involve the protection afforded by your
insurance program should be reported promptly to James R. Favor &
Company. Prompt reporting often prevents minor claims from becoming
major problems. Failure to report claims promptly violates the
conditions of your insurance policy and could result in the insurance
company being relieved of responsibility for payment of an otherwise
valid claim.
While a telephone call will begin the claim service process, written
reports are also necessary and should be forwarded as soon as possible.
Once the initial report is received, claims adjustors from the nearest
office of the insurance company or independent adjustors from your
local community will be assigned as necessary.
Emergency medical treatment for injured persons
As necessary, secure appropriate emergency medical attention for any or all injured persons.
Do not admit liability, accept responsibility, or make public statements
Your insurance policy requires/provides that no one shall, except at their
own expense, make any payment, assume obligations, or incur any expense other
than for First Aid. Only the insurance company has the authority to accept
responsbility, make payments, repair damages, defend or otherwise settle a claim
under the policy.
Important! Record first impressions and witness information promptly
As soon as practical, record first impressions or reports of what happened.
Make careful note of Names and Current/Home Contacts for all persons involved
and witnesses.
Report claims promptly
Contact James R. Favor & Company at the address and phone numbers listed
above.
Notify the Triangle National
Headquarters and prepare a written report
Notify your officers immediately. Prepare and submit a written claim report
as soon as possible. For completeness, accuracy, speed, and convenience in
reporting both your own and information available from others, you may wish to
consider using the services of a public stenographer. Adjustors may request you
provide recorded statements. Your claim report should at minimum provide the
following information:
- Date, Time, Location and Circumstances of Accident
- Names, Addresses, Phone Numbers of Persons Involved and Witnesses
- Description of Claim Event
- Follow-up Information or Actions (e.g., Medical Treatment or Condition of
Persons Injured; Police Report Filed)
- Persons responsible for further coordination and handling of this claim.
Cooperate with the insurance company
Authorize the insurance company to obtain and inspect necessary records and
other information. Cooperate with the insurance company in the investigation,
defense, and settlement of all claims.
If suit is filed or legal process served upon anyone, immediately
notify, and forward copies of the suit materials to: James R. Favor
& Company, the Triangle National Headquarters, and the insurance
company claims adjustor.
Please remember that we are as near as your telephone. Do not hesitate
to contact James. R. Favor & Company or the National Headquarters
should any questions arise with respect to your claims.
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