This Note provides an overview of the law of insurance bad faith. It includes a discussion of common law contract and tort principles governing insurance bad faith claims, statutes governing insurance bad faith claims, the elements of a bad faith claim, the difference between first-party bad faith claims and third-party bad faith claims, and common types of bad faith claims, including absence of a reasonable basis for denying coverage, wrongful refusal to defend claims, and bad faith refusal to settle claims.