Breach of Contract
Insurance Bad Faith
Delayed Coverage
Confidential
Settlement – $250,000Judge
Court
Maricopa Superior
Attorneys
Plaintiff
Defendant
Facts
On June 4, 1993, Plaintiffs' home was damaged by fire. When they submitted their claim, Defendant insurer delayed payment. Defendant's paid over $100,000 property damages for the damages to the home and its contents, prior to the lawsuit.
Settlement Discussions
Plaintiffs contend they demanded $250,000 new money and Defendants offered $50,000 new money.
Damages
Contract, bad faith, and punitive.
Injuries
Emotional and financial distress.
#102756
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