Insurance bad faith refers to an insurance company wrongfully denying to pay claims or failing to pay claims promptly. This includes homeowners’, medical, disability and life insurance. Representative wins follow.
Failure to Pay Policy Limit
The defendant’s failure to pay the policy limit of $25,000 in the first trial related to an auto accident resulted in a verdict of $320,000 in damages. The second trial for bad faith resulted in $350,000 for emotional distress and $1,000,000 in punitive damages. The case was upheld on appeal.
Result: $1,350,000 Jury Verdict
Failure to Pay Policy Limit
Our client was involved in an auto accident with a policy limit of $100,000. The company refused to pay, resulting in a verdict that was $360,000 beyond the policy limit.
Result: $460,000 Settlement
Insurance Bad Faith
Our client, a 65-year-old female school teacher, recovered $65,000 at trial for an automobile injury. Later, our client sought a bad faith suit against the insurance company for failing to make prompt equitable settlement, which resulted in several hundred thousand dollars more.
Result: Confidential Substantial Settlement
Failure to Pay ERISA Benefits
Our client was awarded compensation from an insurance company that failed to provide insurance for his son because his employer had not made the premium payments. After the trial, the insurance company refused to pay the ERISA benefits.
Result: Substantial Six-Figure Settlement
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