December 10, 2014
Kenneth Greenfield prevailed at trial while representing an Insurer Defendant in an Insurance Bad Faith case. The dispute was over the amount of money the insurer had offered it’s insured in an underinsured motorist claim involving a rear end collision. $15,000 had been offered by the insurer, but the insured had demanded $85,000. The matter proceeded to UIM Arbitration, where the insured was awarded $55,000. The litigation followed.
After just one hour, the jury reached a unanimous defense verdict. As Plaintiffs failed to obtain a more favorable judgment than the $1001. Code of Civil Procedure section 998 Offer by Defendant, Defendant was entitled to recover its expert witness fees, in addition to costs. The Insurer’s memorandum of costs totaled more than $50,000.