Under “Fraudulent Conveyance” Statute, Third-Party Claimant Can Challenge Insured’s Release of Bad Faith Claim Against Insurer That Allegedly Breached Duty to Settle

Under California’s Uniform Voidable Transactions Act, a third-party claimant could challenge an insured’s release of a bad faith claim against an insurer after the insurer allegedly failed to accept a reasonable settlement demand within policy limits. (Potter v. Alliance United Insurance … Read More