The Parker Law Firm: Dallas-Fort Worth Insurance Bad Faith Lawyer
The brain injury, traumatic brain injury, spinal cord injury, aviation accident, airplane crash, catastrophic injury, toxic tort, automobile accident, personal injury, wrongful death, big rig accidents, trucking accidents, serious injury cases, nursing home negligence, negligence, product liability or other legal information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer or attorney client relationship. Any results set Fort here were dependent on the facts of that case and the results will differ from case to case. Please contact a brain injury lawyer, personal injury attorney or wrongful death lawyer at our Dallas-Fort Worth, Texas law firm.
Serving the Texas counties of Johnson, Palo Pinto, Hood, Parker, Hill, Wise, Jack, Young, and towns of: Cleburne, Granbury, Weatherford, Denton, Mineral Wells, Graham, Jacksboro, Breckenridge, Stephenville, Decatur.
©2008 Parker Law Firm, P.C.
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Under Texas law, insurance companies owe a fiduciary obligation to their insured. This means that insurance companies must exercise the duty of good faith and fair dealing in their relationship with the insured. Failure to do so will give rise to a cause of action commonly known as "Insurance Bad Faith". A cause of action for bad faith usually arises when the insurance company fails to comply with its duties under the insurance code or fails to pay a claim timely. These types of suits only apply to the person who actually purchases the insurance, such as homeowners insurance, and not third parties.