7th Circ. OKs Insurer's Win In $5M Med Mal Coverage Suit
Law360 (April 25, 2019, 10:26 PM EDT) -- The Seventh Circuit on Thursday cleared an insurance company accused of improperly rejecting a proposed $1 million settlement of a medical malpractice suit against a surgery center that later resulted in a $5.2 million jury award, saying that both the center and the insurer believed the case was winnable.
A three-judge Seventh Circuit panel unanimously affirmed a trial judgment in favor of American Physicians Assurance Corp. in a suit alleging the insurance company made a bad-faith decision to decline to settle a medical malpractice suit filed against The Surgery Center at 900 North Michigan Ave LLC.
In the underlying medical malpractice...
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