Attached is an interesting court case received by Cozen
O’Connor. The case provides guidance on when an insurer should, in good
faith, accept a plaintiff’s settlement offer. The case itself is a bit unusual,
but the circumstances could apply to any of our cases. There is no need to
accept an unreasonable and/or unsubstantiated offer to settle, but it is always
prudent to get advice from your defense counsel before making your final decision.
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