Insurance
Aug. 17, 2000
Good Will
By Kirk A. Pasich. A carrier must consider the adverse consequences that its insured might suffer if it does not timely affect a reasonable settlement.
By Kirk A. Pasich
It is well-established that a covenant of good faith and fair dealing is implied in every insurance policy. Frommoethelydo v. Fire Ins. Exch., 42 Cal.3d 208 (1986). This implied covenant mandates that an insurance carrier refrain from doing "anything which will injure the right of the [insu...
It is well-established that a covenant of good faith and fair dealing is implied in every insurance policy. Frommoethelydo v. Fire Ins. Exch., 42 Cal.3d 208 (1986). This implied covenant mandates that an insurance carrier refrain from doing "anything which will injure the right of the [insu...
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