Insurer Quota-Sharing Lessons From $112M Bad Faith Verdict

By Jason Reichlyn and Christopher Sakauye (May 17, 2024, 4:38 PM EDT) -- Following the rising trend in runaway bad faith verdicts, on March 22, the U.S. District Court for the Northern District of Indiana upheld a whopping $112 million jury verdict, including $12.5 million in punitive damages against each of the seven insurers involved.[1]...

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