Recently, a consumer watchdog group filed suit against Transamerica Life Insurance Corporation, alleging breach of contract and bad faith. In the complaint, which followed on the heels of the company’s decision to drastically increase monthly premium payments, policyholders requested a reversal of the cost increases, compensatory and punitive damages, and the reinstatement of any policies that were […]
Recently, thousands of Oklahoma residents were rocked by a series of progressively more intense and destructive earthquakes. While many residents have earthquake coverage under their homeowners insurance policies and so are able to make necessary repairs and replacements, an increasing number of policyholders are being denied compensation. Insurance companies argue that because many of the […]
Recently, a federal judge in Oklahoma found sufficient evidence to support the contention that Hartford Life Insurance Company did not appropriately and thoroughly investigate a claim for benefits and so may have acted in bad faith. Anita Houchin v. Hartford Life Insurance The claimant, Anita Houchin, was the beneficiary of a $75,000 life insurance policy provided by […]