Question

When an insurance company consistently fails to provide reasonable explanations for the denial of a claim, this is called a(n) breach of contract unfair claim settlement fraudulent claim practice unlawful insurance act?

Answer 1

Breach of Contract is the answer. Also sometimes referred to as a bad faith insurance action, this occurs when an insurance company knowingly delays or disrupts payment under which they have an obligation or duty based on the contract that they have with the insured party.