bad faith

Good Faith, Bad Faith and Revised Louisiana Insurance Laws

Earlier this year, Louisiana Governor Jeff Landry signed a series of insurance bills into law. In addition to repealing the state’s “three-year rule, newly signed Act No. 3 (formerly Senate Bill 323) introduces significant changes to how bad faith claims and insurance disputes are handled in Louisiana. The changes repeal certain provisions and add reciprocal duties of good faith

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How to Know if Your Plumbing Damage Claim Was Unfairly Denied or Underpaid?

Water damage claims are often not as straightforward as other types of insurance claims, though don’t get us wrong, homeowners can run into issues with all types of property damage claims. Plumbing damage, however, is particularly nuanced because most policies come with a long list of policy exclusions. Insurance companies are more than happy to point

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Should You Sue Your Insurance Company for Your Claim Denial in Colorado?

Resolving a denied or underpaid insurance claim in Colorado may require more effort than you hoped it would, but at the end of the day, getting the settlement you rightfully deserve for your property damage is not just paramount for your family’s safety and protection in your home, but it’s also required to fulfill the

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What is the Bad Faith Law in Louisiana?

When an insurance company fails to fulfill its obligations to the policyholder in a fair and reasonable manner, it may mean it is acting in bad faith. Louisiana Revised Statute § 22:1973 governs the practices insurance companies must follow regarding their good faith obligations. Specifically, insurance providers have a duty of good faith to adjust and pay claims

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