The case is a cautionary tale for insurance companies refusing to tender policy limits in a timely manner, the plaintiff's counsel suggested.
January 13, 2023 at 02:11 PM
4 minute read
Bad news for one insurance company.
After failing for nearly 400 days to tender its policy limit of $250,000 in coverage, an insurance company took an $8.5 million hit to its bottom line to settle a lawsuit involving a catastrophic injury after a wild series of events, according to the plaintiff’s counsel.
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Pedro P. Echarte III of the Haggard Law Firm. Courtesy photo
