New Jersey’s Bad Faith Bill Remains Pending in Senate

March 12, 2012 On January 20, 2012, the New Jersey Senate introduced S766, which provides a cause of action for bad faith – an insurance carrier’s breach of the covenant of good faith and fair dealing – in the investigation, evaluation, processing, payment or settlement of insurance claims.  The bill is intended to codify certain… Continue reading New Jersey’s Bad Faith Bill Remains Pending in Senate

Sixth Circuit Upholds Dismissal of $125 Million Insurance Claim

John F. Fisher – December 1, 2011 On Monday, the Sixth Circuit affirmed the decision of the Northern District of Ohio in Bondex International, Inc. v. Hartford Accident and Indemnity Co.pdf, dismissing an insured’s claims for $125 million in additional coverage for asbestos claims.  Plaintiffs/Appellants in the case, RPM Inc., Bondex International, Inc., and Republic… Continue reading Sixth Circuit Upholds Dismissal of $125 Million Insurance Claim