You might assume that when you purchase an insurance policy from a seemingly reputable insurance company that they will promptly pay claims when submitted. Not always! When an insurance company fails to pay a covered claim, fails to settle a case within policy limits exposing the insured to personal liability, or unreasonably delays the payment of a covered claim, the insurer is acting in bad faith.

Insurance is big business. Insurance companies taken in hundreds of billions of dollars in premiums every year. They make money by investing those proceeds. The longer they retain the money, the more they make on their investments. Thus, from a purely financial standpoint, the insurer has an incentive to delay the payment of claims.

However, when an insurance company fails to meet its contractual obligations, the financial consequences can be devastating. Business’ and individuals rely upon having the use of their assets and they purchase insurance to protect against risks to their assets. When an insurance company fails to pay a covered claim, or delays the payment of such a claim, businesses’ can fail, people lose their jobs, individuals can be subjected to personal liability, and the well being of families is jeopardized. An experienced insurance claims attorney can help..

The law provides a remedy under a doctrine known as insurance bad faith law. Under Pennsylvania law, an insurer who fails to pay a covered claim or unreasonably delays the payment of a covered claim can be held responsible not only for the amount of the claim but for punitive damages as well. Both the law and judges and juries who enforce the law look dimly on insurance companies who fail to meet their obligations to an insured. Simply stated, you can’t take premiums and then fail to pay claims.

Our founder, Howard Silverman, a member of the Million Dollar Advocates Forum, has handled many insurance bad faith cases, and has obtained substantial financial recoveries for his clients. He also has lectured extensively on the topic of insurance bad faith law. If you believe that you have been mistreated by your insurance company, please contact an insurance bad faith lawyer at the Philadelphia law firm of Kane & Silverman, as we are experienced with the following:

•fire insurance
•health coverage
•general liability
•no fault insurance
•vexatious refusal
•insufficiently high coverage
•policy exclusions
•material misrepresentation
•accident insurance
•automobile coverage
•coverage denial

We are proud of our accomplishments including those of our founder Howard Silverman, who has been recognized for providing outstanding personal injury advocacy as reflected in his selection as a Pennsylvania Super Lawyer in 2008, and his induction as a lifetime member in the prestigious Million Dollar Advocates Forum, an honor held by less than two percent of all personal injury attorneys in the United States. We invite you to learn more about our Philadelphia personal injury law firm, our accomplished personal injury attorneys and our demonstrated track record of success.

If you are involved in an accident please call us toll free at 866-484-6992 or visit one of our three locations in center city Philadelphia, Lancaster or Marlton. If you live outside of Pennsylvania and New Jersey feel free to contact the American Justice Network, a personal injury litigation network that leverages decades of experience and relationships with attorneys to facilitate a connection with the best attorney for you.

If you are involved in an accident please call us toll free at 866-484-6992, fill out the online form to the right, or visit one of our three locations in center city Philadelphia, Lancaster or Marlton. If you live outside of Pennsylvania and New Jersey feel free to contact the American Justice Network, a personal injury litigation network that leverages decades of experience and relationships with attorneys to facilitate a connection with the best attorney for you.