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Fourth District: Insurance Settlements

By Matt Conigliaro, Esq.

Insurance fans will be interested in this decision, where a divided Fourth District held that the good faith/best interests standard for settlements contained in section 627.4147(1) does not require insurers to consider an insured's best interests with respect to "collateral" consequences of settlement. The insured in the case sued his insurer after it quickly settled a claim against him. The

Full post as published by Abstract Appeal on July 11, 2008 (boomark / email).