American Educational Institute, Inc. (AEI) | Evaluated Learning Experience
Good Faith Claims Handling (225)
Independent Study program administered through the offices of American Educational Institute.
Approximately 15 hours of structured independent study.
May 2013 - Present.
Upon successful completion of the course, students will be able to: discuss the insurer's duty of good faith and fair dealing toward its insured in the context of property and casualty insurance claims; discuss how the insurer can discharge this duty in the course of handling property and casualty insurance claims; dicuss the requirements of state statutes governing insurance claims handling; and discuss the insurer's duty to investigate and pay first party claims and its duty to defend and settle third party claims.
Major topics include: the duty of good faith that arises from the insurance policy; the statute of limitations in bad faith actions; the scope of discovery in bad faith actions; the insurer's duty of good faith in first party and third party claims.
In the lower division baccalaureate degree / associate degree OR in the upper division baccalaureate degree category, 1 semester hour in Insurance, Insurance Law, Investigations, or Corporate and Professional Liability (5/15) (6/20 revalidation).