We rely heavily on insurance to pay out on claims for a variety of risks in our life—from medical bills to property damage. Insurance is designed to protect you from the unexpected when tragedy strikes. Every insurance company in Oklahoma is required to enter into an agreement with you and investigate your claim in good […]
Read MoreInsurance companies are just like any other business—they want to make money. Unfortunately, they sometimes use their customers to cut costs by denying claims that they should pay. In some circumstances, denials may have some reasonable rationale behind them. In other situations, denied claims may just be an attempt to save the insurance company a […]
Read MoreOn October 22, 2019, the Oklahoma Supreme Court issued its opinion in Loven v. Church Mutual Insurance Company. This case addressed a claim for “intentional interference with a prospective economic business advantage.” The justices held, for the first time, that such claims require a “showing of bad faith.” Lisa Gaye Loven worked as a general […]
Read MoreAll insurance companies have a “duty of good faith” under Oklahoma law. An insurer faces tort liability if they fail to investigate, negotiate, defend, or settle a claim in bad faith. At the same time, judges will not assume an insurer acted in bad faith absent compelling evidence to the contrary. On September 27, 2019, […]
Read MoreRecently, a jury based in Tarrant County, Texas awarded a fracking company more than $5 million in damages in a bad faith insurance claim. In Compass Well Services, LLC v. Great American Insurance Company of New York, the jury determined that the insurance company engaged in unfair settlement practices when handling an equipment damage claim. […]
Read MoreOn August 28, 2019, a federal judge in Oklahoma ruled a bad faith lawsuit against CSAA General Insurance Company (CSAA) could proceed to a jury trial. The plaintiff in this case, Daniels v. CSAA General Insurance Company, accused the insurer of failing to properly settle her claim for benefits following a December 2017 auto accident. […]
Read MoreI need more Chemo than my doctor initially thought, now my insurance doesn’t want to pay for itDuring the 2012 NFL season there was a lot of controversy that surrounded one of the Monday night games on ESPN. This game was played between the Green Bay Packers and the Seattle Seahawks. During the final play […]
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