Yesterday, a jury in the U.S. District Court for the Northern District of California reached a verdict finding that American Re-Insurance Company breached its duty of good faith and fair dealing in refusing to reimburse American Motorists Insurance Co. for the $4.5 million it paid to settle an  underlying claim.

Case summary to follow in the Dec. 11th issue of California Insurance and the Dec. 18th issue of Insurance Bad Faith.

Thoughts on the verdict?