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AMERICAN STATES INS. v. STATE FARM INS.

No. 92-3067.

6 F.3d 549 (1993)

AMERICAN STATES INSURANCE COMPANY, Appellee, v. STATE FARM MUTUAL AUTOMOBILE INSURANCE CO., Appellant.

United States Court of Appeals, Eighth Circuit.

Decided October 4, 1993.

Rehearing and Suggestion for Rehearing Denied November 16, 1993.

Attorney(s) appearing for the Case

Richard O. Gregerson, Sioux Falls, SD, argued (John E. Simko and James E. Moore, on the brief), for appellant.

Steven M. Johnson, Yankton, SD, argued (Celia Minor, on the brief), for appellee.

Before BEAM, Circuit Judge, ROSS, Senior Circuit Judge, and MORRIS SHEPPARD ARNOLD, Circuit Judge.

Rehearing and Suggestion for Rehearing En Banc Denied November 16, 1993.

ROSS, Senior Circuit Judge.

Appellant State Farm Mutual Automobile Insurance Company challenges a jury verdict in favor of American States Insurance Company, finding that State Farm acted in bad faith in failing to settle a claim against its insured within policy limits. Following the failure to settle, a jury awarded a judgment greatly in excess of State Farm's policy limits, leaving...

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