INSURANCE BAD FAITH
DOUMAR | RAINSFORD handles cases involving Insurance Bad Faith which is when an insurer refuses to settle a claim within its policy limits and puts its financial interests ahead of its insureds. Insurance companies owe a duty to their insureds to protect them from legal liability and settle claims within its policy limits when it has a reasonable opportunity to do so. Unfortunately, insurance companies often try to “lowball” a claim and fail to settle claims within their policy limits subjecting their insureds to unnecessary lawsuits and personal liability. This is known as “bad faith failure to settle” and, in certain situations, subjects insurance companies to pay penalties, including attorney’s fees.