$1.5 million settlement reached in insurance bad faith matter

Attorneys Robert Baker and Derrick Lowe represented a local school district in bringing a bad faith lawsuit against its insurance company for failure to pay for the cost to repair a water-damaged kindergarten building, despite the fact that the school district had specifically purchased an endorsement to cover such an event and despite the fact that coverage was required under the main policy as well. At mediation in this matter our attorneys made clear to the insurer that it had breached its duties to its insured, resulting in a $1.5 million dollar settlement with the insurance company that will allow the school district to effect all of the necessary repairs and to turn its attention back towards providing for the education of its students.