|
2347 An insurer that fails to settle in good faith a claim for compensatory damages against its insured is not liable to the insured for a punitive damages judgment suffered by the insured, even though it would have been avoided if the compensatory damages claim had been settled.CitationPPG v TRANSAMERICA (Windshield Puni's) 20 C4 310 [See: CivC 3294; InsC 533; Palsgraf v LIRR 248 NY 339; Mosley v Arden 26 C2 213; JC Penney v MK 52 C3 1009; Ford v Home 116 CA3 374; Comunale v Traders 50 C2 654; Crisci v Security 66 C2 425; JB Aguerre v American Guar 59 CA4 6, T/AT 12/97; PPG v Transamerica (RevGrtd) AT 11/96]
|
|
