In order to recover under Pennsylvania’s bad faith statute, a party must prove, by clear and convincing evidence, that (1) the insurer did not have a reasonable basis for its coverage determination, and (2) the insurer knew of or recklessly disregarded the lack of a reasonable basis. Rancosky v. Wash. Nat’l Ins. Co., 170 A.3d …

REASONABLY RELYING ON EXPERTS IS A MERITORIOUS DEFENSE IN BAD FAITH LITIGATION Read More »