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To print this article, all you need is to be registered or login on Mondaq.com. (Bad Faith Verdict Reversed as Plaintiff Failed to Include Instruction Requiring That Insurer Acted Unreasonably in Refusing to Accept Reasonable Settlement Demand) (April 2021) - In  Pinto v. Farmers Ins. Exch., --- Cal.App.5th--- (March 8, 2021), the California Second District Court of Appeal reversed a judgment finding that Farmers Insurance Exchange ("Farmers") acted in bad faith by refusing to accept a reasonable offer to settle a personal injury lawsuit within policy limits. The jury...

To embed, copy and paste the code into your website or blog: In a unanimous opinion which will impact the plaintiff bar’s strategies for “setting up” liability insurers for “failure to settle” bad faith claims, a California appeals court held in Pinto v. Farmers Ins. Exchange (No. B295742, filed 3/8/21) that a bad faith failure to settle claim requires a finding that the insurer acted unreasonably in some respect. Because the jury verdicts proposed by the plaintiff did not require the jury to make such a finding, the $10 million judgment against the insurer was reversed and judgme...