Charles (Chuck) Jesuit of the Global Insurance Department is quoted in a Law360 article titled "Bad Faith Suits Poised To Rise After Pa. Assignment Ruling." He discusses the ruling in Allstate v. Wolfe that policy holders can assign claims under a state bad faith insurance law to third-party claimants. Chuck says this decision “gives third-party claimants and their counsel another arrow in their quiver when negotiating settlement,” however; Chuck does not think the decision will significantly affect insurers’ behaviors.

To read the article, click here.