X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

For years, insurers have been the target of bad-faith legal actions and judgments. These awards have resulted in significant amounts of damages, including punitive damages for sums of money reaching into the millions. Insurers have struggled at times with how to defend themselves against these types of claims. It’s time for insurers to begin considering a new question: “How do we show we acted in good faith in order to proactively address the potential for bad-faith claims?”

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.