Insurer Owes No Duty Of Good Faith To Third-Party Claimants

(January 25, 2019, 3:47 PM EST) -- PROVIDENCE, R.I. — An insurer owes no duty of good faith and fair dealing to third-party claimants because precedent dictates that the insurer’s obligation to act in good faith extends only to the insured, the Rhode Island Supreme Court said Jan. 15 (Summit Insurance Co. v. Eric Stricklett, et al., No. 2017-185, R.I. Sup., 2019 R.I. LEXIS 12)....

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