Category: Insurance Bad Faith

When it comes to settling a claim, insurance companies are definitely in the driver’s seat. Why is that? Compared to the policyholder, they have more knowledge about how insurance really works; more negotiating power; and greater access to financial resources....

There are many kinds of insurance bad faith tactics including delay in handling claims: inadequate investigation; threats against an insured; and refusing to make a reasonable settlement offer, just to name a few. These tactics are meant to exhaust the...