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Contract claims settled in McIntosh, more thoughts on end of case

posted 192 weeks ago on Insurance Coverage Blog

Here are some additional thoughts I promised about the end of the McIntosh case. -- You may remember my post from last week about the plaintiffs' dismissal of extra-contractual claims, or in other words, bad faith and punitive claims against State Farm. Well, the entire case is over now. The insurer announced in a press release Monday that the contract claims were settled for $250,000, and you can look at Judge Senter's order of dismissal and see that each side bears its own attorney fees. However, seeing as how the McIntoshes got the full federal flood payment for their home, $250,000 seems like somewhat more of a sum than you would suspect would be directly linked to covered wind damage to the house, especially as the plaintiffs admitted in their motion to dismiss the bad faith
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