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- Insurance companies offer protection products including home, auto, life and other insurances to consumers and businesses in exchange for a guaranteed payout on a covered policy claim. Insurance defense comes into play when a policyholder disagrees with the explanation a company gives when it denies payment on a claim.
- Attorneys that specialize in defending insurers against allegations of "bad faith" claim denials are called insurance defense lawyers. The defense lawyer represents the company and presents its functional and legal reasoning behind the claim denial.
- The1944 McCarran-Ferguson Act (15 USCS § § 1011) enacted by Congress provided an overview for insurance defense by delegating industry regulation to states. The Sherman Act, Clayton Act, and the Federal Trade Commission Act offer additional guidance on insurance law when no state precedent is applicable.
Basics
Insurance Defense Lawyers
Legal Overview
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