$5.4M
Insurance Law, Covenant Judgment
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Case Details
Washington State Court of Appeals held that a liability insurer is not bound by a reasonableness determination of a covenant judgment if it was not given proper notice and opportunity to be heard. The court reversed a judgment against ACE for $5,443,200.00 plus attorney fees.
Additional Notes
Judgment against ACE for $5,443,200.00 plus $232,195.60 for attorney fees was reversed.