Photo of Jason Reichlyn

Jason Reichlyn

Subscribe to Jason Reichlyn's Posts
Contact:Read more about Jason Reichlyn

Note: This article was originally published by Law360 as an Expert Analysis column.

Following the rising trend in runaway bad faith verdicts, on March 22, 2024, 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.  See Ind. GRQ, LLC v. Am. Guar. & Liab. Ins. Co., No. 3:21-CV-227 DRL, 2024 U.S. Dist. LEXIS 51281, at *102 (N.D. Ind. Mar. 22, 2024).Continue Reading Insurer Quota-Sharing Lessons From $112M Bad Faith Verdict

Note: This article was originally published by Law360 as an Expert Analysis column.

Like most jurisdictions, Kentucky follows the general rule that an insurance bad faith claim cannot be maintained against an insurance company when the underlying claim is not covered by the policy.  See Davidson v. Am. Freightways, Inc., 25 S.W.3d 94, 100 (Ky. 2000).Continue Reading Supreme Court Of Kentucky Permits Third-Party Bad Faith Claim To Proceed Against Insurer Before Final Adjudication Of Coverage

While courts on some issues may seem bent on finding coverage, there are some notable exceptions. Courts generally have faithfully applied claims-made-and-reported provisions even when an insured has had continuous coverage. An Arkansas federal district court recently did just that when it concluded that a school district failed to give its insurer timely notice of a claim under consecutive claims-made-and-reported policies.Continue Reading Federal Court Rejects Effort to Skirt a Policy’s Claims-Made-and-Reported Requirement