Bad-faith litigation has long been a contentious — and big-dollar — issue for insurers.
Massachusetts top court limits bad faith awards against insurers
According to Massachusetts law, an award of bad faith against insurers allows for treble damages, but it's not clear how those damages should be calculate. See what the Massachusetts top court said.
By Steven A. Meyerowitz, Esq., Director, FC&S Legal |
Updated on February 10, 2017
X
Thank you for sharing!
Your article was successfully shared with the contacts you provided.
The Massachusetts Supreme Judicial Court ruled in favor of insurance companies in a case involving an award of treble damages and how they're calculated. (Photo: Shutterstock)