Quantcast
Home / Opinion Digests / Casualty company acted reasonably in settling claims (access required)

Casualty company acted reasonably in settling claims (access required)

The property casualty insurer hired its own consultant to investigate claims brought against its insured by the City of Suffolk, defended the claims, sought input from the indemnitors and obtained a release of the bonds in exchange for a settlement payment that was less than the city originally sought. As a result, the indemnitors were ...