Kentucky High Court Reverses Ruling In Insurer’s Favor In Third-Party Bad Faith Suit

(June 16, 2023, 1:37 PM EDT) -- FRANKFORT, Ky. — The Kentucky Supreme Court on June 15 reversed an appeals court’s finding that a lower court improperly allowed mineral property owners to pursue their bad faith claims against the insurer because coverage had not been established when they filed their third-party bad faith lawsuit, finding that the appeals court erred by relying on Pryor v. Colony Ins. in finding the third-party bad faith claim premature....