Negligence Standard Applies, Says Judge

In a significant victory for plaintiffs, a federal judge has ruled that a negligence standard applies in 'excess verdict bad faith' suits against insurance companies whose refusal to settle a claim results in a verdict in excess of the policy limits.

5 minute read October 02, 2003 at 10:15 PM
By
Shannon P. Duffy
Negligence Standard Applies, Says Judge

In a significant victory for plaintiffs, a federal judge has ruled that a negligence standard applies in 'excess verdict bad faith' suits against insurance companies whose refusal to settle a claim results in a verdict in excess of the policy limits.

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