Insurance carriers owe a duty of good faith and fair dealing to its policyholders. If an insurance carrier breaches this duty, a policyholder may have a claim for bad faith.
Some examples of circumstances where insurance carriers may have acted in bad faith include improper investigation, refusal to recognize the claim, improper delay in handling the claim, and unreasonable interpretation of the insurance policy.
In other cases, bad faith may occur when an insurance company unreasonably refuses to settle a claim or pay a judgment.
If an insurance company is found to have acted in bad faith, the plaintiff may be awarded punitive damages, which may be greater than the original value of the policy.
Clayton Trial Lawyers, LP, has unparalleled experience in both bringing and defending bad faith insurance claims. We know the law in this space — on whether a carrier has acted fairly and honestly and with regard to the interests of the insured — inside and out.
William Clayton has lectured to national audiences on the subject and has handled cases with claims of bad faith exceeding $75 million. Leveraging their experience representing insurance carriers and their extensive knowledge of the claims handling process, Clayton Trial Lawyers, LP is perfectly suited to represent policyholders in cases where they have been wronged by their insurance carrier when they are most vulnerable.
At the first sign of a delay in responding to a claim or an outright denial of a claim, you can contact us to give you expert advice on the next step to getting you fully paid for your losses. If litigation ensues, Clayton Trial Lawyers, LP is positioned to quickly bring claims to resolution using their advanced alternative dispute resolution skill set.