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In a lawsuit that is not direct-action, a plaintiff brings the claim against the insured, who actually wronged the plaintiff. Once judgment has been rendered against the defendant , there are a number of ways that the insurance company (assuming the defendant is insured) might later be made to pay the victorious plaintiff.
The Georgia Trial Lawyers Association, which lobbies against tort reform, disputes King’s conclusions. Risk consultant David Stegall said the number of claims is in line with Georgia’s high ...
Property and casualty guaranty funds step in to pay the covered claims (which would otherwise go partially or entirely unpaid) of policyholders of an insolvent insurer at levels determined by state law. This ensures policyholders and claimants at greatest risk are protected from the most severe consequences of an insurer's failure.
Insurance bad faith is a tort [1] unique to the law of the United States (but with parallels elsewhere, particularly Canada) that an insurance company commits by violating the "implied covenant of good faith and fair dealing" which automatically exists by operation of law in every insurance contract.
(The Center Square) – Ohio Attorney General Dave Yost filed a $17 million lawsuit Tuesday against a northern Ohio company that dates back six decades. The lawsuit says the United States Gypsum ...
A federal judge on Friday sentenced former Georgia Insurance Commissioner John Oxendine to serve three-and-a-half years in prison after Oxendine pleaded guilty to conspiracy to commit health care ...