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Daily Archives: Thursday, September 28, 2017

Posted: September 28, 2017

Unreasonably Lengthy and Frivolous Investigation Sufficient Basis for Breach of Implied Covenant of Good Faith and Fair Dealing

On September 15, 2017, Justice Kornreich of the New York County Commercial Division issued a decision in Max Jewelry, Inc. v. Those Certain Interested Underwriters at Lloyds London Subscribing to Certificate No. JB14/3995, 2017 NY Slip Op. 31976(U), holding than an insured’s complaint stated a claim against an insurance carrier for breach of the covenant... Read more »