Welcome to the Fall 2007 issue of SmithAmundsen’s Insurance Services Quarterly. Please click here to view the issue.
In this issue, we focus on bad faith. Our feature article analyzes this issue in the the context of reinsurance. The article juxtaposes the traditional doctrine of utmost good faith, familiar in the reinsurance industry, with the implied duty of good faith and fair dealing in the context of the 8th Circuit's recent decision in BJC Health Systems v. Columbia Casualty Company, 478 F.3d 908 (8th Cir. 2007). The case addresses claims that a reinsurer breached the breach of the implied duty of good faith in contract.
As always, we also provide summaries of a number of recent cases touching on diverse issues affecting the insurance industry. Additionally, in this edition of the Insurance Services Quarterly, we provide our Survey of the Law on First Party Bad Faith. Click here to access this concise and informative summary of the law throughout the United States.