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Amicus Library

Recovery of Reasonable Settlement
The Babcock and Wilcox Company, et al. v. American Nuclear Insurers, et al.
Year: 2014
Court: Pennsylvania Supreme Court
Case Number: 2 WAP 2014
Issue:
  • Recovery of Reasonable Settlement
  • Reservation of Rights
State:
  • Pennsylvania

In an issue of first impression, the Pennsylvania Supreme Court considered whether an insured can recover reasonable settlement amounts if the insurer refuses to consent to settlement, in cases where the insurer defends its insured under a reservation of rights. UP argued in its brief…

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