When your business is sued by a third party, your liability insurance company has a good-faith obligation to honor the promises it made to you in your insurance contract. This includes defending you in court and indemnifying you for any judgments or settlements for...
In a case decided late last year, the Supreme Court of Pennsylvania established standards for proving bad faith against insurance companies. It also adopted a standard that made it much easier for policyholders and plaintiffs to hold insurance companies...
