Randy Willoughby’s lawyers turned a $10,000 uninsured motorist policy into a $4 million bad-faith settlement with his auto insurer. Then they won a $30 million jury verdict against the co-owner of the truck that crashed into him.
Now, Willoughby’s counsel is hoping to collect on that judgment through a bad-faith action against the truck owner’s insurance company, even though the policy it issued had a $100,000 limit.
That case hasn’t been resolved, but the Florida Supreme Court boosted the potential payoff in a ruling on Thursday. The court held in a 6-0 decision