District Court Properly Found Insurer Did Not Act In Bad Faith, Panel Says

Mealey's (October 30, 2017, 1:15 PM EDT) -- NEW YORK — A district court properly found that an insurer did not act in bad faith when handling an insurer’s claim related to the settlement of an underlying personal injury suit arising out of a boating accident because the insured failed to prove that the insurer acted with gross disregard of the insured’s interest, the Second Circuit U.S. Court of Appeals said Oct. 27 (Sea Tow International Inc. v. St. Paul Fire & Marine Insurance Co., et al., No.  16-3672, 2nd Cir., 2017 U.S. App. LEXIS 21308)....