Insurer Needn't Cover $3M Judgment Over Fatal Car Accident

By Hope Patti (August 24, 2022, 3:04 PM EDT) -- Mercury Insurance has no extra-contractual liability for not settling claims that resulted in a $3 million excess judgment against a policyholder over a traffic fatality, a California state appeals court said, finding the insurer's failure to accept a $15,000 policy limit demand did not constitute bad faith....

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