Claims Journal | May 23, 2019 A federal judge in Rhode Island has cleared the way for a trial to decide whether Columbia Casualty Insurance, in bad faith, put its own interest over its policyholder’s by gambling on a trial instead of settling a claim that resulted in a $25 million jury verdict. Boston-based Ironshore… Continue reading Jury to Decide If Carrier Risked Trial Because It Had Nothing Left to Lose
Tag: Insurance Coverage Bad Faith
Federal and State Court Split on Procedure for Alleging Bad Faith
Christina Phillips | Property Insurance Coverage Law Blog | March 29, 2019 Minnesota Statute section 604.18, commonly known as Minnesota’s Bad Faith Law, permits an insured to add a claim to recover taxable costs based on an insurance company’s bad faith denial of policy benefits. The procedure for bringing a claim under section 604.18 differs… Continue reading Federal and State Court Split on Procedure for Alleging Bad Faith
Insured’s Complaint for Breach of Contract and Bad Faith Adequately Pleads Consequential Damages
Tred R. Eyerly | Insurance Law Hawaii | March 4, 2019 The appellate court overturned the trial court’s dismissal of the insured’s complaint seeking consequential damages. D.K. Prop. Inc. v. Nat’l Union Fire Ins. Co. of Pittsburgh v, Pa., 2019 N.Y. App. Div. LEXIS 329 (N.Y. App. Div. Jan. 17, 2019). The… Continue reading Insured’s Complaint for Breach of Contract and Bad Faith Adequately Pleads Consequential Damages
Is an Adjuster Independently Liable for Bad Faith Conduct?
J. Ryan Fowler | Property Insurance Coverage Law Blog | March 10, 2019 I often get calls from potential clients that have filed a claim with their insurance and have been enraged by an insurance agent or adjuster assigned on the claim. Many potential clients say something like “I just wanted to get the claim… Continue reading Is an Adjuster Independently Liable for Bad Faith Conduct?