Judge: Bad Faith Claim Against Reinsurer Is Stated Under Direct-Liability Theory

Mealey's ( May 24, 2023, 1:20 PM EDT) -- PHOENIX — An Arizona federal judge on May 23 mostly denied dismissal of claims against a reinsurer in a breach and bad faith suit over water damage, ruling in part that the insured “has adequately stated a claim for bad faith against [the reinsurer] on a direct-liability theory, notwithstanding its admitted lack of contractual privity.”...

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