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Pa. Can't Decide on a Name for Bad Faith
When it comes to insurance, especially issues of bad faith, timing is of the essence. And when it comes to confusing legal issues, such as sorting out the specifics involving timing, the courts are responsible for clearing the confusion. But when the courts can't reach a consensus, the lawyers are often left with a crapshoot in the courtroom. Such has been the case with the issue surrounding the statute of limitations for Pennsylvania's bad faith statute.Superior Court Upholds Bad Faith Findings
The Superior Court ruled Monday that an insurance company twice acted in bad faith in its handling of one claim - the second instance being when it attempted to settle an underinsured motorist benefits claim with a requirement that the insured drop his potential bad-faith claim against the company.Confederate General's Descendant Wins $800K in Suit Against Yankee
A federal jury on Friday awarded $800,000 to Maj. Gen. George E. Pickett's great-great grandson, who said he was swindled into selling his famous ancestor's artifacts for just a fraction of their worth. The jury found that George E. Pickett V, of Wilmington, N.C., was defrauded by Russ Pritchard III and his Bryn Mawr company, the American Ordnance Preservation Association.Supreme Court Changes Its Mind in Asbestos Case
After granting allocatur in January in order to determine what kind of proof of exposure asbestos plaintiffs need in order to win their personal injury suits against companies, the high court has decided not to hear the case. The state Supreme Court dismissed the appeal. The trial judge issued an opinion saying that asbestos plaintiffs still have to show their injuries were caused by "regular, frequent, and proximate" exposure to a defendant's product.Corporate Transparency Act Resource Kit
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