Insurance Law Center: Bad Faith: State Of Bad Faith

Bad Faith

11/27/2007 11:43:47 AM EST

State Of Bad Faith

LexisNexis Insurance Law Center Staff

When I started covering Bad Faith Insurance, one of my assignments was to keep a closer eye (if you will) on Calif., Fla., Pa. and Texas, big states with a lot of bad faith cases. I still find that a good tip, and adhere to it to this day. However, with key bad faith legislation on the books in other states this past year, it seems that bad faith cases are pervading the country.

Which states are the ones to watch for key bad faith decisions in 2008?

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Comments
KarenYotis Last Post: 11/27/2007 12:56:51 PM	Subject: State Of Bad Faith Date Posted: 11/27/2007 12:56:51 PM
KarenYotis Last Post: 11/27/2007 12:56:51 PM	I'd suggest looking to Washington for some bad faith decisions in 2008--especially now that the voters have approved Referendum 67. Create an account or login to post comments.
TomHagy 12/7/2007 9:51:39 AM subject: response to KarenYotis I agree. Washington was always a source of news when I was reporting on bad faith litigation years ago. It would be interesting to see how many cases were triggered by Katrina in Mississippi and Louisiana. Although it sounds like the environment for policyholders is looking dimmer as things brighten a bit for carriers. See today''s WSJ Money & Investing Section. "Insurers May Pay Far Less," where WSJ reporters Liam Pleven and Peter Lattman report: "Thanks in large part to a series of rulings, the legal landscape looks more favorable for insurers than it did early this year, particularly in Mississippi. As a result, insurers may end up paying less to cover storm damage -- and homeowners may receive less money to rebuild -- than some expected in January." They quote David Rossmiller (who writes one of our Top Blogs!) as saying "things have completely turned around" for carriers. KarenYotis 12/10/2007 11:45:12 AM subject: response to TomHagy The courts in Mississippi and Louisiana are beginning to remember that policy language is to be interpreted, not ignored, so rulings are beginning to favor insurers. Dickie Scruggs' recent indictment for allegedly bribing a judge can't be helping policyholders either. Talk about bad faith!

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