9th Circ. Ruling Won’t Stop Push For Proactive Insurance Deals

Law360, New York (October 15, 2012, 7:42 PM EDT) -- The Ninth Circuit recently backpedaled from a June ruling that said carriers have a duty in California to proactively work out settlements when their insureds' liability is clear, but while insurers are rejoicing, experts warn that policyholders are likely to continue pressing the issue.

California courts have commonly held that insurance companies have a duty to settle when they unreasonably reject a settlement offer within policy limits. The Ninth Circuit raised eyebrows by ruling a few months ago that insurers' duty to settle more broadly requires...
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