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CIBA's attorney said the complaint was baseless & part of a pattern of spurious lawsuits being filed against the company.
The appellate panel said the evidence was 'more than enough for a jury to find that Geico acted in bad faith' in its handling of a 2010 auto wreck.
An Allstate policyholder had a contractual obligation to answer questions about his fire-razed home.
Is an insurance company really liable for bad-faith when it alleges that it had no notice of a claim? See what one Georgia jury decided.
A putative class action filed in federal court accuses California-based CIBA Insurance of operating as an illegal 'Ponzi scheme' in collaboration with a number of insurance company partners, including co-defendant Great Lakes Insurance SE.
The class action accuses MetLife of violating the Fair Labor Standards Act by failing to pay hundreds of long-term disability claims specialists overtime pay, although other MetLife workers in similar positions receive OT pay.
The ruling should finally resolve an issue which has cropped up before, particularly in federal court: Whether Floridas statute of limitations for bringing bad faith claims against an insurer is four or five years.
Workers' compensation payments are usually an exclusive remedy for injured workers, but there may be other sources of recovery as well says a Georgia appeals court.
A federal judge dismissed a false arrest complaint a woman filed against Geico after she was jailed on charges of concealing her wrecked car she was supposed to turn over after the insurer paid $1,108 for it.
Insurance companies for a bank used in a $1.2 billion Ponzi scheme are exempted from covering $25 million of the bank's settlement, a federal appeals court has ruled.
{ "author": { "name": "Greg Land", "webUrl": "/author/profile/greg-land/", "description": "", "imageLarge": "https://secure.gravatar.com/avatar/f16d6fc2845f417ea0e93a3f2b6cd37d?s=136&d=mm&r=g", "estimate": 40, "social": [], "articles": [ { "uri": "/2018/08/07/putative-class-action-against-ciba-insurance-voluntarily-dismissed-414-134263/", "title": "Putative class action against CIBA Insurance voluntarily dismissed", "byline": "Greg Land", "kicker": "News", "prettyDate": "August 07, 2018", "timeToRead": "2 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2018/08/Phillip-Burton-Court-House-3104.jpg", "width": "800", "height": "483" }, "authors": [ { "webUrl": "/author/profile/greg-land/", "name": "Greg Land" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "CIBA's attorney said the complaint was baseless & part of a pattern of spurious lawsuits being filed against the company.", "body": null }, { "uri": "/2018/07/27/11th-circuit-upholds-2-9m-bad-faith-verdict-against-geico-414-133564/", "title": "11th Circuit upholds $2.9M bad faith verdict against Geico", "byline": "Greg Land", "kicker": "", "prettyDate": "July 27, 2018", "timeToRead": "5 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2018/07/law-gavel-money-bigstock.jpg", "width": "616", "height": "372" }, "authors": [ { "webUrl": "/author/profile/greg-land/", "name": "Greg Land" } ], "kickerNode": [], "summary": "The appellate panel said the evidence was 'more than enough for a jury to find that Geico acted in bad faith' in its handling of a 2010 auto wreck.", "body": null }, { "uri": "/2018/07/20/11th-circuit-zip-lipped-owner-of-burned-home-breached-insurance-contract-414-132714/", "title": "Zip-lipped owner of burned home breached insurance contract, court finds", "byline": "Greg Land", "kicker": "Case Study", "prettyDate": "July 20, 2018", "timeToRead": "6 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2018/07/homeowners-ins-policy-compass-shutterstock.jpg", "width": "616", "height": "372" }, "authors": [ { "webUrl": "/author/profile/greg-land/", "name": "Greg Land" } ], "kickerNode": [ { "uri": "/case-study/", "sectionName": "Case Study" } ], "summary": "An Allstate policyholder had a contractual obligation to answer questions about his fire-razed home.", "body": null }, { "uri": "/2018/06/29/federal-jury-hits-geico-with-2m-post-apportion-award-in-bad-faith-suit-2/", "title": "Geico hit with $2M post-apportion award in bad faith suit", "byline": "Greg Land", "kicker": "News", "prettyDate": "June 29, 2018", "timeToRead": "6 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2018/06/Geico-Insurance-Article-201806272124.jpg", "width": "620", "height": "372" }, "authors": [ { "webUrl": "/author/profile/greg-land/", "name": "Greg Land" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Is an insurance company really liable for bad-faith when it alleges that it had no notice of a claim? See what one Georgia jury decided.", "body": null }, { "uri": "/2018/04/19/class-action-targets-ciba-insurance-as-ponzi-scheme-414-125761/", "title": "Class action targets CIBA Insurance as 'Ponzi scheme'", "byline": "Greg Land", "kicker": "News", "prettyDate": "April 19, 2018", "timeToRead": "4 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2018/04/gavel-scales-thinkstockphotos-76800459-crop-600x338.jpg", "width": "600", "height": "338" }, "authors": [ { "webUrl": "/author/profile/greg-land/", "name": "Greg Land" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "A putative class action filed in federal court accuses California-based CIBA Insurance of operating as an illegal 'Ponzi scheme' in collaboration with a number of insurance company partners, including co-defendant Great Lakes Insurance SE.", "body": null }, { "uri": "/2018/03/26/judge-certifies-class-suit-against-metlife-over-unpaid-overtime/", "title": "Judge certifies class in suit against MetLife over unpaid overtime", "byline": "Greg Land", "kicker": "News", "prettyDate": "March 26, 2018", "timeToRead": "3 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2018/03/MetLife-building-New-York-Article-201803232356.jpg", "width": "620", "height": "372" }, "authors": [ { "webUrl": "/author/profile/greg-land/", "name": "Greg Land" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "The class action accuses MetLife of violating the Fair Labor Standards Act by failing to pay hundreds of long-term disability claims specialists overtime pay, although other MetLife workers in similar positions receive OT pay.", "body": null }, { "uri": "/2018/01/10/11th-circuit-floridas-bad-faith-insurance-claims-h/", "title": "11th Circuit: Florida's bad faith insurance claims have 5-year statute of limitations", "byline": "Greg Land", "kicker": "News", "prettyDate": "January 10, 2018", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/greg-land/", "name": "Greg Land" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "The ruling should finally resolve an issue which has cropped up before, particularly in federal court: Whether Floridas statute of limitations for bringing bad faith claims against an insurer is four or five years.", "body": null }, { "uri": "/2017/10/03/insurer-must-pay-damages-not-covered-by-workers-co/", "title": "Insurer must pay damages not covered by workers’ comp, Georgia appeals court says", "byline": "Greg Land", "kicker": "News", "prettyDate": "October 03, 2017", "timeToRead": "5 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/greg-land/", "name": "Greg Land" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Workers' compensation payments are usually an exclusive remedy for injured workers, but there may be other sources of recovery as well says a Georgia appeals court.", "body": null }, { "uri": "/2017/08/02/judge-tosses-womans-false-arrest-suit-against-geic/", "title": "Judge tosses woman's false arrest suit against Geico", "byline": "Greg Land", "kicker": "News", "prettyDate": "August 02, 2017", "timeToRead": "4 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/greg-land/", "name": "Greg Land" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "A federal judge dismissed a false arrest complaint a woman filed against Geico after she was jailed on charges of concealing her wrecked car she was supposed to turn over after the insurer paid $1,108 for it.", "body": null }, { "uri": "/2017/07/14/insurers-for-bank-used-by-ponzi-schemer-arent-liab/", "title": "Insurers for bank used by Ponzi schemer aren't liable for coverage", "byline": "Greg Land", "kicker": "News", "prettyDate": "July 14, 2017", "timeToRead": "5 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/greg-land/", "name": "Greg Land" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Insurance companies for a bank used in a $1.2 billion Ponzi scheme are exempted from covering $25 million of the bank's settlement, a federal appeals court has ruled.", "body": null } ] } }
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