Insurance
Jan. 27, 2007
Think Before Suing
FOCUS COLUMN - By Barry Zalma - Before your clients get excited about bad-faith claims, you should make sure they did not give wrong information to the carrier when they bought their policies. Even innocent misrepresentations could give the carrier the right to rescind -- and avoid bad faith.
By Barry Zalma
Contrary to common belief, insurers seldom deny claims. When they do, they are almost always sued for the tort of bad faith. Most lawyers suing insurance companies understand that a wrongful denial of an insurance claim can open up a simple contract dispute to one in which tort and punitive damages can be awarded against the insurer.
&n...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In