The Monson Law Firm Wins Bad Faith Motion for Summary Judgment
The Monson Law Firm attorney Kevin Riche recently won a summary judgment motion on behalf of Southern Fidelity Insurance Company (“SFIC”) in the United States District Court for the Eastern District of Louisiana. In the matter entitled “Letitcia Wells vs. Southern Fidelity Insurance Company,” plaintiff made claim for over $200,000 in additional contractual amounts and bad faith damages following residential damage caused by a tornado. SFIC and plaintiffs agreed to the appraisal process, resulting in a confirmed appraisal award and additional payments to plaintiffs of only $13,406.12. In granting SFIC’s Motion for Summary Judgment, the Court determined that “SFIC timely reimbursed Plaintiff the undisputed costs of repair at every stage of the claims process”. Further, the Court held that “SFIC’s failure to pay Plaintiff the amount of the appraisal award before the award was given does not constitute evidence of bad faith.” As a result, the Court granted SFIC’s summary judgment motion and dismissed plaintiffs’ claims with prejudice. Pleaes click here for a copy of the Judgment.
The Monson Law Firm has successfully used the appraisal process to efficiently handle first-party claims at lower litigation costs than the traditional “take everybody’s deposition” method, while at the same time greatly reducing the insurer’s bad faith exposure. If you think that you too can benefit from this approach, call The Monson Law Firm today!
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