Panel: District Court’s Reading Of Contract In Bad Faith Suit Flawed
Mealey's (September 2, 2015, 1:07 PM EDT) -- CHICAGO — A federal district court erred in granting summary judgment in an insurance bad faith lawsuit because genuine issues of material fact existed as to whether a company had properly pleaded its breach of contract and bad faith claims, a Seventh Circuit U.S. Court of Appeals panel ruled Aug. 31 (Life Plans Inc. v. Security Life of Denver Insurance Co., No. 14-1437, 7th Cir.; 2015 U.S. App. LEXIS 15424).
(Opinion available. Document #07-150914-001Z.)
Life Plans Inc. and Security Life of Denver Insurance Co. entered into...