What legal remedies are available to those injured by an insurance company?

In Texas, individuals who have been injured by an insurance company may be eligible to pursue a variety of legal remedies. Specifically, these remedies are available for individuals who have suffered an economic or non-economic loss due to an insurance company’s wrongful denial of a claim, its failure to properly investigate a claim, or its unreasonable delay in paying a claim. The most common legal remedies available to an injured party include suing the insurance company for breach of contract or bad faith. When suing for breach of contract, an injured party may be able to recover damages for the insurance company’s failure to fulfill its obligations under the policy. When suing for bad faith, an injured party may be able to recover damages for the insurance company’s unreasonable failure to deal with the policyholder in good faith. Additionally, an injured party may be able to recover punitive damages for an insurance company’s particularly egregious conduct. Other legal remedies available to those injured by an insurance company may include the filing of an administrative complaint with the Texas Department of Insurance or the filing of a class action lawsuit. Furthermore, an injured party may also be able to seek an injunction from a court to compel an insurance company to fulfill its contractual obligations or to prohibit the insurance company from engaging in deceptive insurance practices. Ultimately, when injured by an insurance company, it is important for an individual to seek legal advice in order to determine which legal remedies may be available and how best to pursue them.

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