Lee-Ann Brown | Bradley Arant Boult Cummings In May of this year, the Supreme Court of Wyoming held that a subsidiary of Sinclair Oil could invoke statutory bad faith damages after prevailing in a coverage dispute with its insurer, Infrassure. The court rejected the district court’s analysis that accepted the insurer’s narrow interpretation of Wyoming’s… Continue reading Wyoming Supreme Court Allows Insured to Seek Bad Faith Damages
Tag: Bad Faith Damages
When Are Insurance Bad Faith Damage Awards Excessive?
Ruchard J. Doren and Michael Holecek | Gibson, Dunn & Crutcher | March 20, 2019 To evaluate the potential risks for insurance company clients sued for bad faith claim handling, defense counsel must understand the categories of potential damages that could be awarded and have a basis from which to assess their potential magnitude. Bad… Continue reading When Are Insurance Bad Faith Damage Awards Excessive?