What are some examples of insurance bad faith?
There are many different examples of Insurance Bad Faith, but some famous examples are:
Aetna Insurance
A jury awarded $4.5 million for medical expenses and $116 million in punitive damages to the widow of a deceased stomach cancer patient. She had sued Aetna for denying her husband coverage for cancer treatment that may have prolonged his survival. Aetna was found guilty of placing its own financial interests before the needs of a policyholder.
Forklift Accident
A Pennsylvania court awarded $12 million to a woman who had lost her leg in a forklift accident after finding the insurer’s practices to be in bad faith.
Provident and Unum
A woman in California had her claim approved, but the insurer was soon taken over by Provident (which later merged with Unum), which reviewed the doctor’s claim and terminated her benefits. She sued the insurer and was awarded past and future benefits, along with $5 million in punitive damages, for a total of $7.6 million.
CUNA Mutual Insurance
A federal jury in Iowa awarded $6.2 million to the estate of a woman who was repeatedly denied disability claims by her insurer, CUNA Mutual Insurance Society.
Paul Revere Life Insurance Company - Unum Provident
In Utah, a Las Vegas man received $50 million after his insurers, Paul Revere Life Insurance Company and its parent company, Unum Provident, were found by the court to have acted in bad faith when they denied his disability claim.
Other Bad Faith Denial of Benefits FAQs
-
Q:
What Is Disability Insurance?
A: When you purchase disability insurance, you are purchasing insurance in case you become sick or injured and can no longer work. The idea is that you are … More -
Q:
How Much Does Disability Insurance Usually Cover?
A: While each plan is different, most plans cover between 40-60% of your pre-disability income. Additionally, money you receive is generally tax-free. More -
Q:
What Is Insurance Bad Faith?
A: An insurance policy is a contract that requires an insurance company (the insurer) to act in “good faith” toward you (the policyholder or insured). When … More -
Q:
If I Sue The Insurance Company, How Much Can I Get?
A: If you sue your insurance company and win then you will likely receive the benefits you are entitled to under your policy and you may be able to get additional money … More -
Q:
What Do I Need To File A Claim?
A: When you file a claim you will likely have to fill out quite a bit of paperwork. Before you begin you should make sure you have all of your medical records and … More -
Q:
What Do I Do If I Think My Insurance Company Is Acting In Bad Faith?
A: First, you should review your insurance policy. If after reading your insurance policy you still think the insurance company is acting in bad faith, then you … More
Insurance Sub-categories
|
Attorney Insurance
Auto Insurance Health Insurance Home Owners Insurance Insurance Attorney |
Insurance Claim
Insurance Law Insurance Subrogation Life Insurance Motorcycle Insurance |

