Damages Award In Bad Faith Suit May Not Be Reduced, Colorado High Court Rules

Mealey's (June 11, 2018, 2:15 PM EDT) -- DENVER — An award of damages in an insurance bad faith breach of contract lawsuit cannot be reduced by an “amount unreasonably delayed but eventually paid” by an insurer under Colorado law because the law does not provide for that type of reduction, the Colorado Supreme Court ruled May 29 (American Family Mutual Insurance Co. v. Guillermo Barriga, et al., No. 2018 CO 42, Colo. Sup., 2018 Colo. LEXIS 436)....

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