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Maryland Lack-of-Good-Faith Statute in Operation

This article focuses on how one state, Maryland, has chosen to address first-party bad faith claims arising out of property and casualty insurance policies. Maryland's experience handling these disputes teaches lessons to both carriers and insureds.

7 minute read July 27, 2011 at 12:20 AM
By
William J. Carter, James P. Steele And Mariana D. Bravo
Maryland Lack-of-Good-Faith Statute in Operation

Bad faith claims have long been a source of concern for insurance companies. These claims potentially expose carriers to extracontractual damages, including attorneys' fees and punitive damages.

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