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Allstate settles long-running bad faith suit in Missouri court
- Article from:
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St. Louis Daily Record / St. Louis Countian
- Article date:
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July 10, 2008
- Author:
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Copyright informationCopyright 2008 St. Louis Daily Record / St. Louis Countian. Provided by ProQuest LLC. (Hide copyright information)
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Both sides have agreed to settle a lengthy and contentious bad-
faith insurance dispute that influenced similar cases across the
country.
Allstate Insurance Co. and Paul Aldridge, a former policyholder,
reached a confidential settlement after they met for the third time
with a court-appointed mediator late last month. The settlement came
just three weeks before the two were to begin what likely would have
been a lopsided trial favoring Aldridge.
Larry Ward, a Shughart Thomson & Kilroy attorney appointed to the
case as mediator, filed a notice of settlement in Jackson County
Circuit Court last week. The notice appeared on the court's Web site
Wednesday. A settlement hearing is now scheduled ...
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