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Magistrate Denies Summary Judgment On Bad Faith Claim In E&O Coverage Dispute

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BOSTON - A Massachusetts federal magistrate judge on March 14 found that an errors and omissions insurer's performance of initially honoring and then dishonoring a life insurance agent's timely policy enrollment provides sufficient evidence of a breach of the implied covenant of good faith and fair dealing circumscribed by the enrollment obligations (Financial Resources Network, Inc., et al. v. Brown & Brown Inc., et al., No. 09-11315-MBB, D. Mass.; 2013 U.S. Dist. LEXIS 35441; See 4...(read more)

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