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The U.S. Court of Appeals for the Eleventh Circuit has revived a $2.7 million bad faith claim against Geico for failing to settle an insurance dispute after determining a lower court applied the wrong statute of limitations. 

Plaintiffs attorney Kerry McGuinn Jr. welcomed the ruling and said it should finally resolve an issue which has cropped up before, particularly in federal court: Whether Florida’s statute of limitations for bringing such claims is four years — as Geico had argued — or five years, which the appellate panel decreed.  

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