WASHINGTON COURT FINDS NO BAD FAITH DESPITE PROLONGED CLAIM RECONCILIATION PERIOD
Quarterly Newsletter Spring 2018 An insurer’s excessively low claim settlement offer can give rise to a claim under Washington’s Insurance Fair Conduct Act (“IFCA”) if the insurer made the offer knowing that the value of the claim was actually much higher. In a recent opinion, however, a Washing ton court rejected an insured’s bad faith...