Miami-Dade County Courthouse. (Credit: Raychel Lean/ALM) Miami-Dade County Courthouse. (Credit: Raychel Lean/ALM)

Bad news for one insurance company.

After failing for nearly 400 days to tender its policy limit of $250,000 in coverage, according to plaintiff counsel, an insurance company took an $8.5 million hit to its bottom line to settle a lawsuit involving a catastrophic injury after a wild series of events.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including and

Already have an account?


The British Legal Awards (BLA) 2023Event

Celebrating achievement, excellence, and innovation in the legal profession in the UK.

Get More Information


Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including, and
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2023 ALM Global, LLC. All Rights Reserved.