Bad faith refusal to settle claims against insurers in Missouri
Bad faith refusal to settle claims against insurers in Missouri
Article provided by Leritz, Plunkert & Bruning, PC
Visit us at http://www.leritzlaw.com
An insurance company operates in bad faith when it fails to pay a legitimate first party claim made by an insured person without a reasonable basis. Insurance companies can face liability beyond the limits of the insurance policies they issue if they operate in bad faith.
Vexatious refusal to pay
Missouri common law does not recognize a first party claim for bad faith, as many other states do. However, when ...