badfaithinsurance.org

"Bad faith" insurance companies denial of unpaid claims are widespread, pervasive if not the norm, responsible for the greatest destruction and loss of U.S. and Americans wealth, assets, businesses, jobs and poverty, and ultimate maximum loss of human life. A 'legal' term, Bad Faith statutes and laws in each state are intentionally blindly overlooked and unenforced by states insurance regulatory agencies.

IT'S THE LAW: Insurance companies are required to 'willingly' pay claims properly and promptly in "Good Faith". It is illegal to 'willingly' not pay, discount-lowball, delay, deny payment of legitimate claims in "Bad Faith". When claims go unpaid in bad faith, the associated wealth-assets-loss of jobs-businesses are lost forever

Bad Faith insurance companies have had decades to rig the American and in some cases worldwide systems in their favor. Bad faith (BF) insurers non-payment of CLAIMS practices are proven pervasive and widespread. Upwards of 85-95%+ are proven bad faith (BF) insurers that repeatedly and consistently break the law. There is a traditional quiet covert revolving door between the insurance industry employees and state regulator employees which contributes to the status quo of claims resolutions by state regulators being 99.9% anti-claimants and pro-insurers

FBIC struggles to identify the Good Faith (GF) insurance companies from the small number remaining as the outrageous and overwhelming number of Americans consumer complaints submitted to states insurance regulators exceed an astounding one million plus annually. Let there be no doubt that it is the insurance industry with their unlimited legal, financial resources and power that regulate the states insurance regulators-authorities and not the other way around which is the correct and way its supposed to be. Besides the states tiny insurance regulator agencies resources in comparison that neither have 1% of the necessary resources nor indicate or show any interest in doing anything about the "degree" of breach of contracts and/or the bad faith insurance payment claims status quo that is perpetrated and exists amongst 92.7% of ALL insurers, and which relativity FBIC uses in its ranking determinations. This is why it is essential that the U.S. Government have oversight control over state insurance regulators regarding interstate common ownership of the same bad faith insurance companies' non-payments and improper claims payments practices which commonly exist on a pervasive widespread basis

http://www.badfaithinsurance.org/index.html