In 1977, the Oklahoma Supreme Court established that “an insurer has an implied duty to deal fairly and act in good faith with its insured and that the violation of this duty gives rise to an action in tort for which consequential and, in a proper case, punitive, damages may be sought.” Bad faith actions […]
Read MoreWe 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 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 […]
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