Insurance Institute of Michigan
September 18, 2018

Breaking News

IIM Opposes Bills To Increase Lawsuits For Bad Faith
Legislation that would drive up costs for insurance policyholders by allowing insureds and third parties to sue an insurance company for excessive damages, costs and attorney fees if the company failed to act in good faith in negotiating or settling a claim is being strongly opposed by the Insurance Institute of Michigan (IIM).

 

This legislative package would create significant problems and costs for policyholders if it were to become law.

Learn more about the Bad Faith Legislation.

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