In states that haven’t passed safe harbor legislation, multiple claimants and insufficient limit claims pose certain challenges to insurers in the claims handling stage. Numerous claimants competing for severely limited...more
The vast majority of extra-contractual/bad faith cases involve a carrier’s failure to secure a release of an insured by accepting a reasonable settlement opportunity within the policy limits. The absence of a reasonable...more
3/26/2024
/ Auto Insurance ,
Bad Faith ,
Bodily Injury ,
Car Accident ,
Good Faith ,
Insurance Industry ,
Insurance Litigation ,
Liability ,
Policy Limits ,
Settlement ,
Settlement Proposals
Supplemental Payments provisions are present in almost every liability policy. These provisions generally detail the insurer’s responsibility for interest and costs awarded in suits that it has undertaken to defend....more
2/9/2024
/ Bodily Injury ,
Car Accident ,
Indemnity ,
Insurance Claims ,
Insurance Industry ,
Insurance Litigation ,
Liability ,
Policy Terms ,
Settlement ,
Supplemental Payments ,
Wrongful Death