After Refusing $30K Settlement Offer, Bad Faith Suit May Cost GEICO $2.7M
“More than eight years after Bonnie Winslett tore up and threw away a summons that notified her she was being sued, the Georgia Supreme Court is being asked to resolve questions of law that will determine whether GEICO Indemnity Co. must pay approximately $2.7 million of a court’s award against her,” reports Jim Sams in Claims Journal.
“The 11th Circuit Court of Appeals on Monday sent three certified questions to the state’s high court. Once answered, the federal appellate court can then rule on an appeal of a district court’s order in a bad faith case that requires GEICO to pay 70% of the nearly $2.9 million in damages awarded by the jury, plus interest.”