Did abc act in bad faith, Joe's lawyer tells the ABC lawyer

Did abc act in bad faith

Reference no: EM133616632

Question: Bill rear-ends Joe's car. Bill has ABC Insurance Co, and has only $50k of coverage. Joe sues Bill for $100k, but Joe's lawyer tells the ABC lawyer that he will settle for $25k. ABC refuses to settle. The jury returns a verdict of $100k. Did ABC act in bad faith?

Reference no: EM133616632

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Did abc act in bad faith : Joe's lawyer tells the ABC lawyer that he will settle for $25k. ABC refuses to settle. The jury returns a verdict of $100k. Did ABC act in bad faith

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