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

Plaintiffs attorney Kerry McGuinn Jr. welcomed the ruling andsaid it should finally resolve an issue which has cropped upbefore, particularly in federal court: Whether Florida’s statute oflimitations for bringing such claims is four years — as Geico hadargued — or five years, which the appellate paneldecreed.

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Greg Land

Greg Land covers topics including verdicts and settlements and insurance-related litigation for the Daily Report in Atlanta.