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].
What factors do courts look at to determine when an insurance carrier's conduct is reprehensible enough to justify an award of damages based on bad faith?
The home owned by Steven Barnwell and Bambi Stetler flooded while it was being renovated. The next day, they reported the flood to Liberty Mutual Insurance Company, their homeowner's insurer.
A federal district court in New Jersey has issued a decision resolving a dispute between two insurers over insurance coverage for an accident involving a tractor-trailer.
A judge has recommended that the Islamic Republic of Iran pay $221,505,968.40 to insurers that made payments to their insureds for property damage and other claims arising from the 9/11 terrorist attacks.
Often, plaintiffs win awards of actual, compensatory and punitive damages, but it may mean another court battle to have the punitive damages covered by insurance.
Often, plaintiffs win awards of actual, compensatory and punitive damages, but it may mean another court battle to have the punitive damages covered by insurance.
What factors do courts look at to determine when an insurance carrier's conduct is reprehensible enough to justify an award of damages based on bad faith?