This blog follows on the previous post, Insurance Bad Faith South Carolina: Part 3.
South Carolina allows “Bad Faith” lawsuits involving first party insurance claims. “Bad faith” claims handling is really a misnomer. Lawsuits involving insurance companies paying late and not enough money should be called Lack Of Good Faith lawsuits. “Bad faith” only heightens the standard and seems to imply an immoral or fraudulent standard:
In law, there are inconsistent definitions of bad faith, with one definition much more broad than used in other fields of study discussed in the above sections. Black’s Law Dictionary equates fraud with bad faith. But one goes to jail for fraud, and not necessarily for bad faith. The Duhaime online law dictionary similarly defines bad faith broadly as ‘intent to deceive’, and ‘a person who intentionally tries to deceive or mislead another in order to gain some advantage’.1
Continue Reading Insurance Bad Faith in South Carolina: Part 4 – Beware the Statute of Limitations
