Insurance 101 – Chapter 11 – Volume 79 – The Genuine Dispute Doctrine

The Genuine Dispute Doctrine

Insurers in states where the tort of bad faith exists deny fraudulent insurance claims with fear and trembling. The specter of punitive  damages has worked to make multi-millionaires of many insurance  criminals who convince insurers to settle rather than take a chance on  trial. Insurers pay claims they believe they do not owe because they are fearful—regardless of the merits of their position—of being assessed punitive damages in a bad faith action.

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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