The recent passage of New Jersey’s Insurance Fair Conduct Act (“IFCA”) has prompted many insurance carriers to review and evaluate their current practices and claims handling to avoid a potential bad faith lawsuit. We are here for you and happy to assist you in this endeavor!
The attorneys at Chartwell Law are licensed to practice in 30 States, including New Jersey, and have handled countless bad faith actions for over 20 years. We have assembled a panel of our partners from several jurisdictions and will discuss proper claim handling processes intended to keep bad faith claims at bay. We will review the following and so much more!
A general overview of the IFCA, what it encompasses and who is it directed to.
Failure to investigate, a delay or confusion over reviewing medicals or requesting other records.
Errors within the evaluation (i.e., offers not within evaluation, fluctuation of reserves valuation without explanation or evaluation based on inadmissible facts).
Reliance on an untrustworthy expert or ignoring expert opinion.
Practical pointers and tips for how to avoid bad faith.