Month: November 2016

What Is Bad Faith in Insurance? [infographic]

Published on November 4, 2016, by Matthew Sharp

Infographic, Insurance Bad Faith

Under Nevada law, insurance companies have a duty to act in good faith and deal fairly with the entities and individuals they insure. Failure to do so is considered bad faith and may leave the insurer open to legal action. So what is bad faith in insurance? (Article continues below Infographic) Insurance Bad Faith Appealing a bad-faith Insurance decision is a state claim based on Nevada law. When a person is injured or property is damaged, individuals rely on insurance companies to pay benefits according to the terms [...]
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