vexatious refusal to pay

vexatious refusal to pay

Black's law dictionary. . 1990.

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  • vexatious refusal to pay claim — A ground for subjecting an insurance company to a penalty. A refusal to pay founded, not upon what appear to be the facts, but only upon a possibility that later investigation may develop facts justifying refusal to pay. 29A Am J Rev ed Ins §… …   Ballentine's law dictionary

  • vexatious delay or refusal to pay — Term used in insurance statutes providing for penalties for insurer s conduct in unjustifiably refusing to pay insurance claims, e.g., a refusal to pay insurance claim, based on suspicion without substantial fact to support that suspicion, is… …   Black's law dictionary

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