Judge: Insurer Acted In Bad Faith In Delaying Payment Of Covered Benefit

Mealey's (December 19, 2016, 2:04 PM EST) -- DENVER — An insured was entitled to a covered benefit of $350,000 under the terms of an underinsured motorist (UIM) provision of an automobile insurance policy, and payment of those benefits to her were unreasonably delayed by her insurer, a federal judge in Colorado ruled Dec. 14 (Wendy L. Peden v. State Farm Mutual Automobile Insurance Co., No. 14-0982, D. Colo.; 2015 U.S. Dist. LEXIS 119978)....