Articles
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What is insurance bad faith?
On behalf of Gregory Fell at The Fell Law Firm In the United States, insurers owe a duty of good faith and fair dealing to their insureds. This duty is sometimes referred to as the “implied covenant of good faith and fair dealing.” The duty exists in all insurance contracts…
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Texas fracking efforts prompt citizens to attain earthquake insurance
Oil production involving the use of hydraulic fracking has become a major economic component to the state of Texas. Billions of gallons of oil have been produced from fracking efforts since the discovery of Eagle Ford Shale and other areas found to possess rich fossil fuel reserves. However, plenty of…
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Texans pay high insurance premiums for homeowners insurance
On behalf of Gregory Fell at The Fell Law Firm The Dallas Morning News has reported that Texas has the third-highest homeowner insurance premium rates in the nation with only Florida and Louisiana being higher. This comes as insurance companies are seeing “big gains” in their profits. In discussing homeowners…
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New proposal may limit homeowners’ ability to sue in insurance disputes
A proposal to let insurers offer lower rates to homeowners who waive their right to litigation could limit the rights of Texans who face insurance disputes. Homeowners in Dallas are legally protected against various rights violations on the part of insurance providers, including delayed claim processing or payment, unfair treatment…
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In tornado season, Texans need insurers to come through in good faith
On behalf of Gregory Fell at The Fell Law Firm Insurance companies have the legal duty to handle tornado claims in good faith and with fair dealing. Its only June in 2015, and tornados have already slammed Texas so many times this year that people have lost count of the…
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Homeowners insurance claim denied: What to do?
Insurance can help to protect property in the case of an unforeseen event, but what happens when the claim is denied? Homeowners in Texas and across the United States purchase insurance to protect their homes in the event a fire, flood, hurricane or some other unforeseen event causes damage to…
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Common bad faith tactics used by insurance companies
All businesses aim to reduce overhead costs in order to boost profits. And, insurance companies are no different. Unfortunately, many insurance carriers act in bad faith, take drastic measures, and skirt the law in order to avoid paying rightful claims owed to policyholders. And this could be a big reason…
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