A judge from the District of Colorado recently issued an opinion that might leave the door open for long-term care insurers to void policies after the contestability period expires if an insured commits fraud. See Meyer v....more
6/10/2024
/ Bad Faith ,
Breach of Contract ,
Counterclaims ,
Fraud ,
Healthcare ,
Insurance Claims ,
Insurance Industry ,
Insurance Litigation ,
Long-Term Care ,
Motion for Summary Judgment ,
Policy Terms
Insurers should carefully review and respond to time-limited settlement demands because they risk liability for excess judgments against their insureds if they do not. Third-party plaintiffs may make time-limited settlement...more