Insurance Bad Faith
Under Colorado law, insurance companies are required to act in good
faith when dealing with their policy holders (usually called “insureds”),
as well as with parties who file claims with the insurance company.
When an insurance company issues a policy it makes a legal
commitment to honor the terms of the policy. Unfortunately,
insurance companies sometimes fail to live up to their
responsibilities under the terms of their insurance policies. Common
examples of an insurance company’s bad faith acts include:
- Unreasonably denying legitimate claims
- Undue delays in making decisions
- Refusing to make a reasonable settlement offer
- Refusing to settle within policy limits
- Failing to adequately investigate the claim
- Improperly refusing to defend a lawsuit
- Improperly refusing to pay a judgment
- Failing to treat the insured fairly and in good faith.
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Koncilja & Associates’ lawyers represent individuals and businesses against
insurance companies in insurance bad faith claims, including construction defect
claims, pollution and environmental claims, health insurance, disability,
third-party liability, motor vehicle claims and workers’ compensation claims.
Our insurance bad faith attorneys handle bad faith claims ranging from
individual policy holders to large class actions involving thousands of
individuals.
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