Insurer Bad Faith: A State-by-State Breakdown of Laws and Regulations

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In Florida, the state’s insurance regulations outline the duties of insurers to policyholders. This includes conducting a thorough investigation of a claim and promptly paying benefits owed under the policy. If an insurer fails to do so, it may be found to have acted in bad faith.

In Texas, the state’s insurance code sets forth a number of requirements for insurers, including the duty to act in good faith and to deal fairly with policyholders. This includes conducting a reasonable investigation of a claim and promptly paying benefits owed under the policy.

In Georgia, the rules are similar in that the state’s insurance code provides that insurers must act in good faith and deal fairly with policyholders. This includes conducting a reasonable investigation of a claim and promptly paying benefits owed under the policy. If an insurer fails to do so, it may be held liable for bad faith conduct.

In Illinois, the state’s insurance code sets forth the duties of insurers to policyholders, including the duty to act in good faith and to deal fairly with policyholders. This includes conducting a reasonable investigation of a claim and promptly paying benefits owed under the policy. If an insurer fails to do so, it may be held liable for bad faith conduct. Illinois jurors are also well known for their historically large verdicts against insurer’s bad faith conduct.