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(Failure to Settle Based on
Pre-Suit Offer to Settle Subrogation Claim Demanding Amount in
Excess of Policy Limits Supported Bad Faith Claim Based on
Opportunity to Settle Within Policy Limits)
(April 2021) - In
Planet Bingo
LLC v. The Burlington Ins. Co., ---Cal.App.5th --- (March 18,
2021), the California Fourth District Court of Appeal reversed the
trial court's entry of summary judgment in favor of Burlington
Insurance Company ("Burlington") against insured, Planet
Bingo LLC ( "Planet Bingo"). The parties' dispute
arose out of a fire caused by a handheld gaming device supplied by