$140,000.00
Our client, an elderly man was crossing the street at the corner with a green light. A driver, insured by a major insurance company, did not yield the right of way and struck him causing multiple fractured bones and injuries that plagued him until he died a few years later from cancer. The insurance company claimed that because it couldn’t get their insured’s version of the accident and despite an eyewitness whose statement confirmed that their insured was responsible, refused to pay their $15,000 policy limits. We then filed a bad faith claim against the driver’s insurance carrier. When it became clear that they were going to lose the lawsuit they tried to pay the policy limits of $15,000 to end the case. It was not accepted and a verdict was obtained well above the policy limits. The insurance company ultimately had to settle the case, paying $140,000 because of their bad faith actions.