Avoiding Insurance Bad Faith Claims: A Guide for Policyholders and Insurers

Key topics include:

• Bad Faith Insurance Claims: Latest Regulatory Trends
• Notable Cases and Court Rulings
• Practical Tips and Compliance Strategies
• What Lies Ahead

Bad faith litigation remains complex and risky due to unprecedented legal developments and challenges that continue to emerge. Recent court rulings highlight how insurance companies can still be accountable for bad faith if they unreasonably refuse to pay a legitimate claim or settle a third-party claim or lawsuit and the policyholder wins at trial. As the evolving regulatory landscape continues to bring new issues that could affect how “bad faith” applies in future cases, insurers should stay informed to effectively manage their business operations in compliance with legal requirements. On the policyholder side, certain states recognize “reverse bad faith” as a cause of action assertable by insurers, and in other states insurers can assert the insured’s bad faith or misconduct as an affirmative defense to bad faith claims. The speakers will address issues policyholders might face in these jurisdictions.

Listen as our distinguished speakers, Edward Currie of Currie Johnson & Myers, P.A., and Linda J. Knight of Spencer Fane LLP, provide a comprehensive discussion of the latest regulatory trends concerning insurance bad faith claims. Speakers, among other things, will offer practical tips and strategies for navigating this evolving legal landscape.

The Knowledge Group