Richard E. Palumbo Jr.

PALUMBO LAW aggressively and sensibly advocates for and protects the legal rights of homeowners, real estate investors, business owners and businesses with complex legal issues. Our attorneys have over 100 years of combined legal experience and offer our legal services throughout RI, MA and CT.
Our firm represents clients with corporate and business law, start-up assistance relating to the choice and formation of business entity, protection of trademark or license agreement, contract drafting, and assisting with buying or selling a business or business assets.
Our probate attorneys compassionately move through the court-managed process called probate or estate administration with you. The assets of the deceased are managed and distributed depending on the size and complexity of the estate, the local rules and schedule of the probate court.
Our experienced real estate attorney offers our clients broad-based legal real estate advice and representation in: Real estate sales transactions, Closings, Construction contracts, Leases, and Mortgage-based financing transactions. We are also available to assist with residential and commercial real estate issues: Tax Sales Defense and Petition to Foreclose the Right of Redemption, Easements and Easement Litigation, Adverse Possession, Mortgage Foreclosures, 1031 Tax-free exchanges, Condominium Collections and Lien Foreclosures and Landlord-tenant disputes.
PALUMBO LAW are your Fire, Water and Property Insurance Loss Attorneys. We offer No Fee Unless Successful! We have years of experience with Property Loss Claims – Denied, Delayed or Underpaid? We never represent the property insurance company only the insured. We regularly help home and business owners, real estate and personal property owners, investors, businesses, and public adjusters relating to property damage claims against insurance companies relating to denied insurance claims. When your insurance company says “NO” Call Palumbo!

Pennsylvania State University - Dickinson School of Law

J.D. (2004) | Law

2001 - 2004

Honors: George F. Douglas Jr. Award For Excellence In Litigation And Advocacy, CALI Award in Trial Advocacy, Miller Center Public Interest Advocate Certification

Activities: ATLA Trial Team Member, Trial Moot Court Board

University of Rhode Island

B.A. (1994) | English

1994

Managing Attorney

Law Offices of Richard Palumbo, LLC

2004 - Current

Vice President

Custom Modular Designs, LLC

2004 - 2008

President

NEERS, Inc.

1995 - 1999

Condominium Conflicts with Zoning Regulations - Rhode Island

Ezine Articles

2008

CONDOMINIUM CREATION AND CONVERSION – RHODE ISLAND

Ezine Articles

2008

Condominium Law, Warwick, RI

RI Association for Realtors

Condominium Law, Warwick, RI

August 16, 2017

RI Association for Realtors

Licensed Insurance Adjuster

Rhode Island Department of Business Regulations

Client Champion - Platinum

Martindale-Hubbel Lawyers Service

2020

Rating 10.0 out of 10.0

AVVO

2020

Rating 5.0 out of 5.0

Find Law

2020

Peer Review Rating 5.0 out of 5.0

Martindale Hubbell

2020

Lifetime Achievement Award Invitee

America's Top Attorneys

2020

Rhode Island State Bar

Member

Current

Massachusetts State Bar

Member

2005 - Current

Massachusetts

Since 2005

Rhode Island

Since 2004

• Free Consultation
  Phone consultation
• Credit Cards Accepted
  Visa, MC and American Express
• Contingent Fees
  Property Damage Insurance Claims - No Fee Unless Successful Partition Actions - Often available on a No Fee Unless Successful basis

• Property Loss Insurance Claims
• Condominium Law
• Real Estate Litigation
• Business Litigation

Q. Is it legal for my insurance company to lie to me or knowingly withold information about my claim.

February 28, 2020

A: Unfortunately insurance companies (i.e. homeowner's insurance companies) often put profits ahead of people (i.e. homeowner's, business owners and insureds). Insurance companies regularly break the law and act in bad faith when handling insurance claims (i.e. property damage insurance claims like fire damage, water damage, wind damage, etc.). Property insurance companies will often try to interpret the insurance policy (i.e. an HO-3) in a manner to deny the insurance claim. The insurance adjusters who work for the insurance companies are trained to "adjust" (usually adjust the claim in a downward manner) your insurance claim. The insurance adjuster does not work for the insured and does not typically work in the best interests of the insured. If the insured acts in the same manner then the insured can be charged criminally. Insurance companies should also be held criminally responsible when committing fraud and acting in bad faith. There are laws that encourage insurance companies to avoid acting in bad faith. I often remind property damage insurance companies in our letters to avoid acting in bad faith by including the following note and a copy of the applicable unfair claims settlement practices. The below portion of Rhode Island's bad faith statute includes a prohibition against "misrepresentation" or telling a lie to the insured.

NOTICE TO INSURERS: DO NOT ACT IN VIOLATION OF THE UNFAIR CLAIMS SETTLEMENT PRACTICES ACT. IT IS AN IMPROPER CLAIMS PRACTICE FOR AN INSURER, ITS AGENT, ADJUSTER OR REPRESENTATIVE TO FLAGRANTLY AND CONSCIOUSLY DISREGARD THE UNFAIR CLAIMS SETTLEMENT PRACTICES ACT. VIOLATIONS OF THIS ACT MAY RESULT IN ATTORNEY’S FEES, COSTS AND EXPENSES AS WELL AS PUNITIVE DAMAGES. A COPY OF THE ACT IS PRINTED BELOW, WHICH DEFINES YOUR DUTY AS AN INSURER IN THE STATE OF RHODE ISLAND.

§ 27-9.1-3. Unfair claims settlement practices prohibited.

It is an improper claims practice for any domestic, foreign, or alien insurer transacting business in this state to commit any act defined in § 27-9.1-4 of this chapter if:

(a) Any of the following acts by an insurer, if committed in violation of § 27-9.1-3, constitutes an unfair claims practice: (1) Misrepresenting to claimants and insured relevant facts or policy provisions relating to coverage at issue; (2) Failing to acknowledge and act with reasonable promptness upon pertinent communications with respect to claims arising under its policies; (3) Failing to adopt and implement reasonable standards for the prompt investigation and settlement of claims arising under its policies; (4) Not attempting in good faith to effectuate prompt, fair, and equitable settlement of claims submitted in which liability has become reasonably clear; (6) Refusing to pay claims without conducting a reasonable investigation; (8) Attempting to settle or settling claims for less than the amount that a reasonable person would believe the insured or beneficiary was entitled by reference to written or printed advertising material accompanying or made part of an application

In addition to the bad faith statutes, insureds have PALUMBO LAW to aggressively hold the insurance company accountable for committing fraud and bad faith against their insureds. As part of our real estate practice, we offer Property Damage Claims Adjusting, Property Damage Claims Settlement, Coverage Disputes, Denials and Litigation for insureds who have suffered property loss. For the best settlement call PALUMBO LAW before calling your insurance company. Tell your Insurance Company “NO” and Call Palumbo! ... Read More