GEICO Must Pay $2.7M After Failing to Accept $30K Offer: Georgia Supreme Court

GEICO Indemnity Co.’s refusal to settle a bodily injury claim for $30,000 will cost it more than $2.7 million, under a ruling last week by the Georgia Supreme Court. The high court’s 7-0 decision answered three certified questions posed to …

from News – Insurance Journal https://ift.tt/32ShGV6