8th Circuit: Insurer’s Settlement Practice Complied With Arkansas Insurance Rule 23

Mealey's (September 14, 2021, 12:53 PM EDT) -- ST. LOUIS — The Eighth Circuit U.S. Court of Appeals on Sept. 10 affirmed a lower federal court’s dismissal of insureds’ breach of contract and bad faith lawsuit against their automobile insurer violated Arkansas’ Deceptive Trade Practices Act, finding that, contrary to the insureds’ argument, the insurer’s settlement practice complied with Arkansas Insurance Rule 43....