Insureds may file claims alleging violation of the Kentucky “Bad Faith” statute, the Unfair Claims Practices Act. Insurance bad faith claims often arise when insured individuals receive a claim denial or a settlement offer which they allege is not consistent with their injuries and damages. Bad faith claims may also allege that the insurer unreasonably delayed investigation, unfairly postponed payments, or acted to purposely mislead policyholders.
Our attorneys work with insurance carriers using our experience to assist with the claims handling process to minimize bad faith exposure. Even if allegations have already been made, we can help insurers using mediation and settlement negotiations to avoid costly and protracted litigation.