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Another Item For Your Checklist: The Bad Faith Concerns Related To Overreaching Proposed Releases

March 27, 2014

A common scenario: claimant’s counsel issues a time limit demand for policy limits and the insurer decides to accept the demand and tender the limits. Once the decision is made to accept the demand, the insurer should go through its checklist of concerns to make sure that each element of the time demand is met, while ensuring that the insured is adequately protected.

Insurance Bad Faith