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The Texas Department of Insurance has fined the Capitol County Mutual Fire Insurance Company for misrepresenting insurance policies and for treating policyholders in bad faith after Hurricane Rita hit the Texas coast in 2005.
→ Read MoreWe’ve all seen the television ads showing insurance agents meeting their policyholders at the seen of an auto accident at 3 a.m. and getting their claim paid the next day. While that actually may happen, the truth is that those situations are the exception and not rule’ because insurance companies make money by not paying your claim.
→ Read MoreA Texas jury recently found that Texas Mutual Insurance Company acted in bad faith after it failed to provide medical records to the doctor of a workers’ compensation recipient and violated the Texas Insurance Code.
→ Read MoreA Stamford Connecticut jury awarded an auto body repair shop a whopping $15 million after it sued The Hartford Financial Services Group (The Hartford) for unfair trade practices because the insurer attempted to control all aspects of car repairs’ something that long time State Attorney General Richard Blumenthal says cannot happen.
→ Read MoreA California man with commendable aspirations recently won a bad faith insurance lawsuit against the Atlantic Mutual Insurance Company after the insurer simply ignored his claim regarding a gym accident that left him a quadriplegic.
→ Read MoreAn Arizona jury recently ordered insurance giant MetLife to pay an Arizona couple over $55 million for refusing to cover an automobile claim. The majority of the verdict represents punitive damages against the insurer for bad faith insurance practices.
→ Read MoreSettling insurance claims is usually a straightforward process. Most states have insurance laws that require insurance companies to act in a fair and reasonable manner when dealing with policyholders. An unreasonably low settlement offer from an insurance company may violate those laws.
→ Read MoreFarmers Insurance Group was found liable for $80 million to Oklahoma homeowners for underpaying insurance claims from 1994 to 2007. The lawsuit, which alleged breach of contract and bad faith, ended up costing Farmers a whole lot more than it would have paid in the form of punitive damages and litigation costs.
→ Read MoreAn ex-Allstate insurance adjuster recently told a Kentucky court about the company’s bad faith insurance practices that included strong-arming policyholders into taking lower settlement offers and manipulating claims data.
→ Read MoreConseco, the Indiana-based long term care insurer, was ranked one of the ten worst insurance companies in America by the American Association for Justice (AAJ) for its denial and delay of long term care claim payments.
→ Read MoreFind the right lawyer for your legal issue.
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