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Tuesday, August 17, 2010

FBIC Ranks Insurers Payment Of Claims Records And Bad Faith Practices

FBIC Ranks Insurers Payment Of Claims Records And Bad Faith Practices: "It's The Law: Insurance Companies Are Required To 'Willingly' Pay Claims Properly And Promptly (Good Faith) And It Is Illegal To 'Willingly' Not Pay, Discount, Delay, And Deny Payment Of Legitimate Claims (Bad Faith) *

Bad faith insurance non-payment of claims are widespread, illegal, and opaque, where many criminal enterprise bad faith insurers consistently break and disregard the law, and where state regulators are nowhere to be found *

If ignorance of the law is of no excuse for citizens, then total blindness, inaction and lack of enforcement of insurers bad faith insurance claims practices by state insurance commissions should equally be of no excuse *"

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