CONFIDENTIAL SETTLEMENT – BAD FAITH DENIAL OF INSURANCE

Our client had an insurance policy issued by Aetna Casualty & Surety Company for uninsured and underinsured motorist coverage. He was involved in an accident with an underinsured motorist and when he made a claim under his policy, it was denied. Aetna required an arbitration which caused a delay in payment over a year. The claim was arbitrated and a judgment for his injuries and damages was obtained against Aetna. This was paid by Aetna. We then filed a lawsuit against Aetna for the bad faith failure to pay the claim and the delay in payment. After we completed the depositions of the Aetna claims manager, supervisor and other claims persons, the case settled for a confidential amount at mediation.