An insurer’s post-judgment or post-settlement conduct is not subject to damages under the bad faith statute, a unanimous Superior Court panel has ruled in a case of first impression.
The court in Ridgeway v. U.S. Life Credit Life Insurance Co. said Section 8371 provides recovery only for actions “arising under an insurance policy” and, therefore, precludes recovery for an insurer’s post-judgment and post-settlement conduct.
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