$1,490,000 Jury verdict – car crash – Insurer’s bad faith results in recovery of $1,275,000 where policy limits were $100,000 –
Bradley Winston, Esq.
Plaintiff was a victim of a motor vehicle accident who sustained a back injury following a relatively minor rear end collision. Approximately six months later Plaintiff underwent surgery to low back. The plaintiff’s insurance company failed to tender its $100,000 policy limits despite having been given ample opportunity to do so. As a result, the firm achieved a jury verdict of $1,490,000 and ultimately recovered $1,100,000 plus the $100,000 policy limit plus the cost of trial as settlements from the insurer due to its bad faith in failing to settle the case within its policy limits when it could have and should have done so.