Insurance companies are often accused of bad faith when they don't settle a claim within certain time limits. (Photo: Shutterstock)
The Supreme Court of Georgia, in a decision finding that an insurance company did not act unreasonably by failing to accept a settlement offer from injured parties when the offer did not include any deadline for accepting it, has limited the risk of bad faith awards against insurers.
The case
On Aug. 29, 2008, Ronald Jackson caused a multi-vehicle collision and later died from his injuries. At the time, Jackson was insured by an automobile insurance policy issued by First Acceptance Insurance Company of Georgia, Inc., with bodily injury liability limits of $25,000 per person and $50,000 per accident.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Steven A. Meyerowitz
Steven A. Meyerowitz, a Harvard Law School graduate, is the founder and president of Meyerowitz Communications Inc., a law firm marketing communications consulting company. He may be contacted at [email protected].
