In Wash., Pro-Policyholder Rulings Push Insurers To Adapt

Law360, New York (May 3, 2013, 8:20 PM EDT) -- The Washington Supreme Court has hit insurers with a volley of unfavorable decisions this year, forcing carriers to tiptoe even more carefully in their claims handling than they have been since the state adopted a liberal bad-faith law, experts say.

Just a few months into 2013, the high court has left insurers stunned by barring them from recouping defense costs that a court finds were never owed to policyholders, creating a presumption that the attorney-client privilege doesn't protect claims handling documents in most first-party bad-faith cases...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.