Insurer Used Financial Scare Tactics To Get Ahead: Contractor

Law360 (January 22, 2019, 11:22 PM EST) -- Federal Insurance Co. improperly applied financial pressure against a law firm in an attempt to gain the upper hand in a lawsuit over its duty to defend a boilermaker in a dispute involving the construction of a municipal water treatment system, the contractor said Monday in Oklahoma federal court.

In its most recent set of counterclaims, Indeck Power Equipment Co. said Federal committed numerous acts of bad faith and consumer fraud against the company while defending it against claims brought by the city of Altus, Oklahoma. The counterclaims are part of a nearly four-year-old lawsuit Federal launched in pursuit of a...

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