Tag results for 'punitive damages'
US tort system: insurance bad faith and extra-contractual damages can level the playing field with your insurance company
International companies should be aware of the bases in US law for holding insurance companies liable for bad faith and related above-policy-limits liabilities in the wake of unfounded claims denials or payment delays. The opportunity to press such claims under the right circumstances provides policyholders with crucial leverage when claims are wrongfully denied.
Released on Jul 27, 2022