Parties to a lawsuit may have vastly different perspectives on the validity and value of a claim, but as a matter of course, the issue of settlement will arise. Trial is an exceedingly expensive endeavor with an uncertain...more
As the Fifth Circuit reminded us in a December 21 decision, primary insurers can find themselves in excess insurers’ shoes if they reject settlement demands within their policy limits. In American Guaranty & Liability...more
An insurer defending a claim against an insured that could exceed policy limits has a good faith obligation to settle the claim if possible. Failure to do so puts a nonsettling insurer at grave risk. An Eleventh Circuit...more
10/4/2019
/ Appeals ,
Auto Insurance ,
Bad Faith ,
Catastrophic Impairment ,
Excess Policies ,
Insurance Claims ,
Insurance Industry ,
Insurance Litigation ,
Insurer Liability ,
Policy Limits ,
Settlement Negotiations