March 16, 2010
San Jose, CA – Insurance Bad Faith Attorney
DEFINING INSURANCE BAD FAITH:
I cam across an interesting San Jose insurance bad faith lawyer in California, David Maxim Lilienstein, Esq. of DL Law Group, and insurance fraud law firm based out of San Francisco, CA and the Bay Area.
An insurance company acts in bad faith when it denies a legitimate claim without cause or reason. Though the concept may sound easy to understand, it certainly is not. So what constitutes an unreasonable conduct to you or me?— or even more so, to an insurance law attorney. So here is your Legal Jargon made SIMPLE 
(INSURANCE) BAD FAITH: Insurance is an agreement whereby parties give valuable consideration for protection from and indemnification against loss, damage, injury, or liability. Because they play such a critical role in our society, insurance companies are held to an especially high standard of conduct. When an insurance company does not act in accordance with these high standards, it is said to act in bad faith. The requirement that an insurance company must treat its insureds fairly applies to all types of insurance policies, including Life Insurance, Medical and Health Insurance, Automobile, Aircraft and Water Craft Insurance, Disability Insurance, Property and Casualty Insurance, Business Premises Insurance, Homeowners Insurance and Legal Liability Insurance.
Watch David Lilienstein, of Insurance Law Experts discuss Life and Disability Insurance, and making your insurance company pay what it is supposed to pay.
- COMPENSATORY DAMAGES
- CONSEQUENTIAL DAMAGES
- EMOTIONAL DISTRESS DAMAGES
- FAILURE TO CONDUCT A REASONABLE INVESTIGATION
- GOOD FAITH DEFINED
- INSURANCE BAD FAITH DAMAGES
- LIABILITY INSURANCE
- PATTERN OF BAD FAITH
- POLICY LIMITS DEMAND
- PUNITIVE DAMAGES
