Ashley Smith – January 15, 2014 In Arizona, insurance contracts include an implied covenant of good faith and fair dealing requiring the insurer to refrain from any conduct that would impair the benefits or rights expected from the insurance contract.1 Interestingly, unlike many other jurisdictions, the insured is not required to prevail on the breach… Continue reading An Introduction to Arizona First-Party Bad Faith
Tag: Insurance Claims
Navigating Florida’s Valued Policy Law–Partial Loss By Fire Or Lightning
Shaun Marker – January 20, 2014 Several states have valued policy laws (“VPL”) that address situations when policyholders should be paid policy limits for total losses. I have recently had discussions with several experienced adjusters encountering unique circumstances involving Florida’s VPL. As I mentioned to them, it is amazing how you can practice for years in… Continue reading Navigating Florida’s Valued Policy Law–Partial Loss By Fire Or Lightning
An Introduction to Arizona First-Party Bad Faith
Ashley Smith – January 15, 2014 In Arizona, insurance contracts include an implied covenant of good faith and fair dealing requiring the insurer to refrain from any conduct that would impair the benefits or rights expected from the insurance contract.1 Interestingly, unlike many other jurisdictions, the insured is not required to prevail on the breach… Continue reading An Introduction to Arizona First-Party Bad Faith
Contents Manipulation is a Covered Construction Expense
Chip Merlin – January 9, 2014 What is less expensive and easier to repair–a damaged floor with a ten thousand pound stone table or one without such contents? That is the question I posed to Kalon deLuise when visiting him, and his father Scott, in Denver last week. Kalon was working on a National Flood… Continue reading Contents Manipulation is a Covered Construction Expense
Proving and Winning a First-Party Bad Faith Case in Colorado
David Furtado – January 12, 2014 I will be focusing my next month of blogging on how to prove and win a first-party bad faith case in Colorado. In proving a bad faith case, the first source I look to is the Colorado Revised Statutes, specifically, C.R.S. §§10-3-1113 (Trier of Fact in Civil Actions) and… Continue reading Proving and Winning a First-Party Bad Faith Case in Colorado