Liability insurer not vicariously liable for malpractice committed by insurer retained to defend policyholder against third party claim.(State Farm ... article from: Journal of Risk and Insurance

This digital document is an article from Journal of Risk and Insurance, published by American Risk and Insurance Association, Inc. on June 1, 1999. The length of the article is 1167 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: The relationship among insurer, counsel and policyholder and its legal and ethical implications are presented in the "State Farm Mutual Automobile Insurance Company v. Traver" case. Under the law, when an insurer fails to settle a claim within the policy limits and a third party obtains judgment against the policyholder which is over the limits, the liability insurer is usually sued for bad faith refusal to settle. However, in the State Farm v. Traver case, the Texas Supreme Court rejected an attempt to hold the insurer liable for alleged malpractice of the defense lawyer hired by the insurer.

Citation Details
Title: Liability insurer not vicariously liable for malpractice committed by insurer retained to defend policyholder against third party claim.(State Farm Mutual Automobile Insurance Co. v. Traver)
Author: Jeffrey W. Stempel
Publication:Journal of Risk and Insurance (Refereed)
Date: June 1, 1999
Publisher: American Risk and Insurance Association, Inc.
Volume: 66 Issue: 2 Page: 297(3)

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