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Tag: surety

Pennsylvania Supreme Court Holds That Pennsylvania’s Bad Faith Statute Does Not Apply To Surety Bonds | Houston Harbaugh, P.C.
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Pennsylvania Supreme Court Holds That Pennsylvania’s Bad Faith Statute Does Not Apply To Surety Bonds | Houston Harbaugh, P.C.

Pennsylvania’s bad‑faith statute, 42 Pa. C.S.A. § 8371, permits insureds to recover certain damages in “action[s] arising under an insurance…

insuracarelife.comFebruary 24, 2026
Pennsylvania Supreme Court blocks bad faith lawsuits against surety bond issuers
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Pennsylvania Supreme Court blocks bad faith lawsuits against surety bond issuers

Eastern filed for arbitration in November 2010, repeatedly notifying Fidelity and inviting its participation. Fidelity declined every time. When Ionadi…

insuracarelife.comFebruary 22, 2026
Union funds accuse Markel, CNA, Berkshire Hathaway of surety bond failures
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Union funds accuse Markel, CNA, Berkshire Hathaway of surety bond failures

The case takes on added significance for the insurance industry because of the involvement of multiple surety and insurance providers.…

insuracarelife.comOctober 14, 2025
Liberty Mutual compels client to pay $411k in surety bond fight
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Liberty Mutual compels client to pay $411k in surety bond fight

The defendants appealed, but the appellate court affirmed the lower court’s decision. The judges pointed to New York law, which…

insuracarelife.comAugust 1, 2025
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