Insurance Claims Bad Faith Law Blog

Recent Posts from Insurance Claims Bad Faith Law Blog

• Chinese Drywall Claims: Hidden Dangers Possible for Consumers, Policyholders.

  Hidden dangers are coming to light in Chinese Drywall Damages and Coverage Claims. They include potential scams and other examples of Bad Faith. In evaluating Chinese Drywall Claims, whether for yourself or on behalf of…

• Florida a Fact-Based Bad-Faith Jurisdiction...And MORE!

  Evidencing once again that Florida is a fact-based Bad-Faith jurisdiction, Florida's Second District Court of Appeal reversed a Summary Judgment entered by a Trial Court in favor of a Liability Insurance Company in a Bad…

• "Bad Faith" Means Different Things for Insurers, Attorneys and Parties.

  In a recent decision, the Louisiana Court of Appeals for the Fifth Circuit was presented with a party's concern that a Trial Court may have applied "Bad Faith" standards of liability to people that were…

• Once Again, 'No Coverage, No Bad Faith Claim': Tenth Circuit.

  "The result in this case is harsh, but it is improperly so." (Lucero, J., dissenting, with emphasis in original), in Download Berry & Murphy, P.C. v. Carolina Casualty Insurance Co. (10th Cir. Opinion Filed November…

• Marsh Settles Shareholder Dilution Lawsuit, Half Insurance, Half Marsh's Money.

  "It's a legacy issue." Brian Duppereault, CEO of Marsh & McLennan, quoted by Jamie McGee and Erik Holm, "Marsh & McLennan Agrees to Pay $400 Million in Suit (Update 3)" (Bloomberg.com, Friday, November 13, 2009).…

• Florida Personal Injury Protection Statute and First-Party Bad Faith: ....

  Some Important Considerations..... "However, actions have consequences." Download United Automobile Insurance Co. v. A 1st Choice Healthcare Sys's, Inc. (Fla. 3d DCA Opinion Filed November 4, 2009), at 6. In a newly released decision, a…

• National Association of Insurance Commissioners Nukes Residential Mortgage-Backed Securities Downgrades.

  The National Association of Insurance Commissioners ("NAIC") has adopted a resolution proposed by MetLife to reject ratings of certain securities held by Insurance Companies. Recent downgrades by Credit Rating Companies of residential mortgage-backed securities' ("RMBS")…

• Federal DJA Abstention, No Bad Faith Attorney's Fees.

  In a recent Federal Court decision, the Judge was faced with a Complaint in two Counts: First, alleged breach of contract based on a claim that Policyholder(s) breached an Insurance Policy's "cooperation clause," and second,…

• Another non-Insurance Remedy Suggested for Chinese Drywall Damage Claims: ....

  Remove it and Rebuild. The latest suggested non-Insurance remedy for Chinese Drywall Damage Claims comes in a newspaper report whose title carries the suggestion: Paul Owers, "Rip Out Chinese Drywall and Start Over, Scientist Advises/With…

• Federal Fraud Investigation of Florida State Board of Administration Investing.

  The story has just broken that there is a previously secret Federal Fraud Investigation of the Florida State Board of Administration: Sydney P. Freedberg, "Fraud Probe Aims at SBA" (St. Petersburg Times Online, Thursday, November…