Insurance 101 – Chapter 11 – Volume 56 – Statutory Bad Faith

Statutory Bad Faith

In addition to the burdens imposed by the implied covenant of good faith and fair dealing, certain statutory provisions have been enacted with respect to an insurer’s duty to investigate and evaluate claims and negotiate settlements. California Insurance Code section 790.03(h), added in 1972 to the Unfair Practices is almost identical to the model Fair Claims Practices Act proposed by the National Association of Insurance Commissioners. It lists the multiple prohibited acts.

The following video was adapted from my book, “Insurance Claims A Comprehensive Guide” Published by the National Underwriter Company and is available at the Zalma Insurance Claims Library

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The author and publisher disclaim any liability, loss, or risk incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this blog. The information provided is not a substitute for the advice of a competent insurance, legal, or other professional. The Information provided at this site should not be relied on as legal advice. Legal advice cannot be given without full consideration of all relevant information relating to an individual situation.

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