Insurance bad faith is a legal term of art unique to the law of the United States (but with parallels elsewhere, particularly Canada) that describes a tort claim that an insured person may have against an insurance company for its bad acts.
A bad faith claim is a claim that an insurance company failed to live up to its end of the insurance policy. Bad faith claims are usually filed when the insurer denied to pay a claim, even though it was a valid claim under the policy, or when the insurer failed to even properly investigate a claim.
Buying a home can be one of the most rewarding investments you will ever make. However, it can also be one of the most costly. Estimating your monthly mortgage payment well in advance of purchasing Read more…