Insurance 101 – Chapter 11 – Volume 64 – Washington’s Bad Faith Statute

Washington’s Bad Faith Statute

The IFCA affects the amount of extra-contractual recovery as well. It permits the imposition of unlimited trebling of the insured’s “actual damages.” Subsection 3 of the new section of RCW Chapter 48.30 provides as follows: “The superior court may, after finding that an insurer has acted unreasonably in denying a claim for coverage or payment of benefits or has violated a rule in subsection (5) [listing certain WAC regulations] … increase the total award of damages to an amount not to exceed three times the actual damages.”

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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