Class Action Trial Over Kaiser’s Plastic Surgery Coverage Begins

Posted by David Siegel on Mar 17, 2015 10:24:00 AM

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Topics: Insurance, healthcare, class action, California

Insurer Blasted With $4.5M Class Action Bad Faith Verdict (Updated)

Posted by David Siegel on Feb 13, 2015 1:08:00 PM

Reno - Everest Indemnity Insurance Co. is on the hook for $4.5 million after a Nevada state court jury on Thursday said the insurer acted in bad faith by refusing to cover a construction company’s defense costs in an underlying class action stemming from an earthen levee collapse that caused the flooding of hundreds of homes.

Jurors deliberated for only a few hours before deciding that Everest had no basis for refusing to cover defense costs referred to them by Matthews Homes, which held a $2 million commercial general liability policy from the insurer, after Matthews was sued by a class of hundreds of homeowners claiming poorly designed drains exacerbated the effects of a 2008 flood.

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Topics: Insurance, Nevada, class action