Insurance – Bad Faith Claim – Trucker Negligence – Settlement Offer
By Deborah Elkins
Published: July 31, 2008
A Danville U.S. District Court says an insurance company might have been negligent in offering only $100,000 to settle an auto accident case in which it saw a 45 percent chance of a verdict of $1M to $1.5M and the defendant trucker had only $1M in coverage, but defense lawyers investigated the case and kept the bankrupt trucker informed, and he has no bad faith claim against the carrier.
Goldstein, Trustee v. National Casualty Co. (USDC-WD) (VLW 008-3-282) (10 pp.)
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