• Insurance Fair Practices Bill Up for Vote in New Jersey
  • April 11, 2018
  • On April 12, 2018 a bill regarding insurance and fair practices is up for a vote in New Jersey. Named the New Jersey Insurance Fair Conduct Act, it would allow individuals to file claims against insurers when they exhibit unfair or unreasonable practices in granting benefits. Plaintiffs may file claims due to excessive delays or unreasonable denials by the insurance company to pay benefits; when insurers engage in misrepresentation or false advertising regarding contracts; false information and advertising that uses defamation; unfair discrimination; unlawful claim settlement practices; and failure to provide procedures to handle complaints. Also, plaintiffs will not have to offer proof that the insurance companies regularly engage in bad faith practices.

    If the bill is signed by Governor Phil Murphy, plaintiffs will be entitled to the following: damages stemming from the violations, prejudgment interest, legal fees and expenses, and treble damages, which means the court can triple the amount of damages awarded.

    Insurance is meant to protect consumers at the time of a car accident or incident. If insurers fail to provide benefits entitled to consumers, they are engaging in bad faith practices and deceiving their clients. The New Jersey Insurance Fair Conduct Act would hold insurance companies accountable if they do not provide benefits promised to their clients.

    If you believe that your insurance company unfairly withheld benefits from you, our Cherry Hill car accident lawyers at DiTomaso Law will ensure you receive the compensation to which you are entitled. Contact us online or call us today at 856-414-0010 to schedule your free consultation. Our offices are located in Cherry Hill, New Jersey and Philadelphia, where we serve clients throughout South Jersey, Pennsylvania, and Philadelphia.