Bad faith insurance practices can take many different forms. For example:
Failing to pay a claim for a covered loss
Underpaying a claim for a covered loss
Denying a legitimate claim
Errors and omissions on the part of brokers or agents that impact the policy holder’s ability to collect
Negligent, bad faith or fraudulent practices with respect to insurance policies and insurance coverage.
Challenges
Going up against a big insurance company and their staff of lawyers can be intimidating for some individuals and even some attorneys. Further, insurance language, provisions, terminology, principles and insurance law are quite complex.
Any attorney taking on an insurance company needs to be very familiar with the industry and its practices, and needs to be able to understand the complicated provisions of both the insurance policy and the insurance application – both of which are often at issue in bad faith insurance litigation. These documents are usually written so that the fine print is barely decipherable, and insurance practices often include interpretations that favor the insurance company and/or the broker and agent over the policyholder.
To learn more about what attorney Timothy M. Farris can do for you, contact our offices today. Representing clients throughout the state of Mississippi.