A North Carolina investment firm and its property insurer have each won partial victories in a dispute over hurricane insurance claims that has been in court since 2019. A federal district court judge for Eastern North Carolina dismissed the insured’s …
Randy Willoughby’s lawyers turned a $10,000 uninsured motorist policy into a $4 million bad-faith settlement with his auto insurer. Then they won a $30 million jury verdict against the co-owner of the truck that crashed into him. Now, Willoughby’s counsel …
For the fourth time since 2019, the Florida Legislature has enacted property insurance reforms aimed towards stabilizing a beleaguered insurance market. The bill, S.B. 2-A, creates a reinsurance assistance program, establishes additional oversight for insurers with high volumes of hurricane …
Cincinnati Insurance Co. dodged a $4.6 million judgment last week when the Kentucky Supreme Court found that a trial judge should have preempted a jury and granted a directed verdict in a bad-faith claim. If the injured third-party plaintiff failed …
A restoration contractor that had been assigned benefits by a policyholder cannot pursue a bad faith claim against an insurer because it was not a party to the insurance contract, the Nebraska Supreme Court ruled Friday in two separate cases. …
The owner of a Philadelphia refinery that was shut down after a June 2019 explosion secured at least $93 million in additional coverage from its insurers after a U.S. Bankruptcy Court judge ruled in favor of the policyholders’ interpretation of …
A judge in the U.S. District Court for the Western District of Pennsylvania awarded summary judgment to an insurer accused of bad faith after denying a man’s claim for losses exceeding $1 million when a fire destroyed his home. The …
Last month, a federal judge in Ohio’s Northern District Court ruled in favor of Zurich American Insurance Company, granting the insurer’s motion for summary judgment in a case involving a dispute over payment of two sexual harassment claims. Scott Fetzer …
A lawyer’s request for more than $1 million in attorneys’ fees was rejected by a federal judge in Pennsylvania. Bernie Clemens sued New York Central Mutual Fire Insurance Company for bad faith in federal court. The case went to trial …
The Georgia Supreme Court denied an insured’s bad faith claim against its insurer for its refusal to pay a settlement because the insured settled on the amount without the consent of the insurer that was required by the policy. A …