Question: b . subject to reconsideration within 1 0 days.b . ambivalent. c . invalid. d . unenforceable. Under the law, what do US insurance companies
b subject to reconsideration within days.b ambivalent.
c invalid.
d unenforceable.
Under the law, what do US insurance companies owe to the persons or
organizations they insure?
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a A duty of good faith and fair dealing
b Consideration
c Contractual liability
d Unearned premiums
The term "bad faith" is used to describe an insurance company's
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a blatantly unfair conduct.
b loss of good faith.
c negligence in handling a claim.
d religious practices.
Although he intended to make a joking gesture when he stuck out his
two fingers, Stan'ley actually polsuderiver in the eye and injured him.
c unenforceable if consideration is involved.
d unilateral.
Jillian is struggling to write a paper for her criminal justice class that
lists the reasons why it is socially desirabie to permit policyholders to sue
insurers for bad faith when their claims are not paid. So far, she has
identified the following effects of the laith actions. Which of the following
is an effect of bad faita actions thin. sucially desirable or advantageous
for society as a whole?
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a Bad faith claims increase insurers' costs and therefore lead to higher
premiums.
b Insurers pay some questionable claims to avoid bad faith actions.
c Policyholders who were mistreated by their insurers receive
compensation.
d Standards for finding an insurer guilty of bad faith vary by state.
When Colossal Casualty failed to pay her claim, Deloris sued Colossal
Casualty for breach of contract. If a court finds that Colossal did, in fact,
fail to honor the terms of its insurance contract, Deloris might be able to
collect any or all of the following types of consequential damages,
:
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