A common scenario we see involves an insurance company for a defendant that our client is suing refusing to pay the defendant’s insurance policy limits. When this happens, SMB often takes our client’s case to trial, achieves a verdict well in excess of the insurance policy limits, receives an “assignment” of the defendant’s rights to sue its insurance company, and then files a bad faith action against the insurer to maximize our client’s recovery.
Insurance companies have a duty to protect the people and companies they insure. When insurance companies gamble with the personal and company assets of their insureds by failing to settle a case, they are exposed to a bad faith claim. We have brought numerous successful bad faith claims that got our clients millions of dollars above their original insurance policy limits.
Robert J. Mongeluzzi
With nearly three decades of doing battle with insurance companies, SMB is uniquely positioned to navigate the complexities of a bad faith claim against any insurer.
SMB has secured numerous multimillion-dollar verdicts and settlements against insurance companies for bad faith conduct, including:
- $20,000,000 settlement for an insurance company’s failure to settle a Dram Shop Act lawsuit for the tavern’s liability policy limits
- $20,000,000In the largest settlement to date in a Pennsylvania insurance bad faith case, the Princeton Insurance Co. has agreed to pay $20 million to settle a ...Read Story
- $75,000,000A Philadelphia jury yesterday awarded more than $75 million to a former highway construction worker who was left quadriplegic after he was struck by ...Read Story
SMB brings decades of experience in filing bad faith claims against insurance companies. Lawsuits against insurers can be complex and difficult and SMB has an unrivaled track record in ensuring that our clients get the maximum results possible from the insurers of the defendants we sue.
SMB works tirelessly to help you get all the compensation to which you are be entitled—especially when an insurance company is being uncooperative or obstructionist.