Four plaintiffs sued Allstate after taking their accident claims to trial when Allstate refused to pay a reasonable settlement. Instead the insurer offered them far less that what juries eventually awarded. The plaintiffs’ personal injury attorney argued in court in Santa Fe that the insurance company engaged in “predatory litigation tactics” to boost profits by keeping claims payments low. He said the company would offer “take it or leave it” payment offers. When claimants didn’t accept the payments, he told the judge that Allstate would force them to go to the trouble, time and expense of a trial to dispute Allstate’s lowball offers—in contrast to what he called the company’s famous “good hands” slogan.
The judge late last year agreed, and ruled that Allstate had violated the state’s Unfair Claims Practices Act. She ordered Allstate to pay actual, compensatory and punitive damages—punitive damages that she said were meant to deter Allstate from doing the same thing with other policy holders.
Not that it will stop them. In case after case over the years, the Denver car accident attorneys at the Law Offices of Dianne Sawaya have watched insurance companies like Allstate be penalized and ordered to pay big amounts for their bad-faith practices. But they don’t change their ways. After all, paying a few punitive damage awards in exchange for huge profits is just the cost of doing business.
If you’ve been hurt in an accident, you need a personal injury attorney who will get you the money you’re entitled to, and won’t let the insurance companies get away with paying you anything less. Give me a call at today at (303) 758-4777, email me at DLS@dlslawfirm.com or visit our web at www.dlslawfirm.com for more information.
Let’s talk about your case. There’s no cost or obligation. We’ll help you get the money you and your family deserve for the injuries you’ve suffered. And remember: If we take your case, we don’t get paid unless you get paid.