A surety cannot be sued by an obligee under Pennsylvania’s bad faith statute because the law allows for claims only by insureds and against their insurers, a federal judge has ruled.
In The Norwood Co. v. RLI Insurance Co., Senior U.S. District Judge Lowell A. Reed Jr. rejected the plaintiff’s argument that § 8371 should be liberally construed because the law is remedial.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]