By: Editorial Staff, Date: July 16th, 2024
Understanding the benefits and drawbacks of joining a class action lawsuit is crucial to ensure it is the right choice for you. Explore the pros and cons of participating in a class action lawsuit with our informative infographic.
Gain valuable insights on class action litigation at our webcast: Class Action Litigation: A Comprehensive Guide to Recent Developments and Best Practices
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Insurance Coverage and Bad Faith Litigation in 2022: Best Practices for Resolving Insurance Disputes
The past months have seen a rise in new insurance coverage and bad faith filings. Notably, a significant number of claims filed at both federal and state courts were dismissed favoring insurers due to the lack of "direct physical loss or damage" to property. In the recent McNamara v. Government Employees Insurance decision, the U.S. Court of Appeals for the Eleventh Circuit reversed the Florida district court’s decision dismissing the bad faith claim. The Eleventh Circuit held that “consent judgment is the ‘functional equivalent’ of an excess judgment that permits the insured to proceed against the insurer for bad faith.”