[DOWNLOAD] "Keric T. Dechant v. Monarch Life Insurance" by United States Court of Appeals for the Third Circuit " eBook PDF Kindle ePub Free

March 29, 2021

eBook details

Title: Keric T. Dechant v. Monarch Life Insurance
Author : United States Court of Appeals for the Third Circuit
Release Date : January 08, 1996
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 72 KB

Description

WILLIAM A. BABLITCH, J. Monarch Life Insurance Company (Monarch) appeals from a judgment in excess of $2.5 million for bad faith and breach of contract with respect to a disability policy that it issued to Keric T. DeChant (DeChant). Two issues are presented. The first issue is whether attorneys fees and bond premiums incurred by DeChant in prosecuting a breach of contract and insurance bad faith action constitute compensable damages for bad faith. We hold that DeChant is entitled to recover attorneys fees and bond premiums in a first-party bad faith action as compensatory damages flowing from Monarchs bad faith. The second issue is whether expert testimony is required to prove a claim of bad faith against an insurer. We hold that expert testimony was not necessary in the present case.