Insurer delays payment after business loss; $5 million bad-faith verdict after $250K offer. Riverside County.
Defendant insurance company delays payment on a valid claim. Jury verdict for over $5 million.
- Case Name: Palm Springs Pump v. Peerless Insurance Company, et al.
- Date of Verdict or Judgment: Friday, April 12, 2013
- Type of Case: Insurance – Bad Faith, Claims Handling