Insurance 101 – Chapter 11 – Volume 78 – Informing Insured of Settlement Negotiations- 2

Informing Insured of Settlement Negotiations- 2

Before an insurer can be found to have acted tortuously, i.e., in bad faith, in refusing to bestow policy benefits, it must have done so “without proper cause.” … Of course, the converse of “without proper cause” is that  declining to perform a contractual duty under the policy with proper cause is not a breach of the implied covenant.

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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