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· 4/23/2002

O'Neill v. Gallant Insurance

Citations

  • 769 N.E.2d 100
  • 329 Ill. App. 3d 1166
  • 263 Ill. Dec. 898
  • 2002 Ill. App. LEXIS 311

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • finding that the insurer ignored recommendations to set- tle from the claim’s adjuster, his supervisor, and a claims director
  • finding that defense counsel had estimated to the insurer that the verdict would likely be much higher than the policy amount
  • upholding punitive damage award of 10% of the defendant's net worth for a breach of fiduciary duty
  • upholding punitive damage award of 10% of the defendant’s net worth for a breach of fiduciary duty
  • upholding the potential chose in action for insurer’s failure to settle claims within the policy limits in bad faith
  • affirming jury verdict finding insurer acted in bad faith where the odds of a jury rejecting the plaintiff’s claim “were astronomical” and defense counsel knew the jury verdict would exceed coverage

Source: CourtListener parenthetical corpus (CC0).

Judges: Kuehn

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.