Statutory Bad Faith Claim Fails Based On Assignment Of Rights Contract, Judge Says

(August 16, 2024, 9:59 AM EDT) -- BATON ROUGE, La. — An assignee’s statutory bad faith claim against a commercial property insurer cannot proceed because the assignment of rights contract between the insured and a construction company did not include language pertaining to bad faith penalty statutes, a Louisiana federal judge said in granting the insurer’s motion to dismiss....