Insurer Did Not Act In Bad Faith In Settling Repair Costs, Judge Says
Mealey's (July 23, 2015, 11:57 AM EDT) -- PHILADELPHIA — Under New Jersey law, an insurer did not act in bad faith in the adjusting of payments to settle insureds’ repair costs to their property following a water pipe burst, a Pennsylvania federal judge ruled July 20 (Aaron Beyer and Francine S. Beyer v. State Farm Fire and Casualty Co., No. 14-4887, E.D. Pa.; 2015 U.S. Dist. LEXIS 94456).
(Memorandum available. Document #69-150810-016Z.)
On Jan. 12, 2014, a burst water pipe caused damage to property owned by Aaron and Francine Beyer in New Jersey....