4th Circ. Axes Bad Faith Award In Allstate Flood Coverage Suit

By Ryan Boysen (May 3, 2017, 7:16 PM EDT) -- The Fourth Circuit on Wednesday reversed a lower court's ruling that Allstate Insurance Co.'s denial of flood insurance coverage to a North Carolina couple was a "flagrant act of bad faith," finding the suit was barred by the strict one-year statute of limitations for flood insurance claims....

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