Bernstein v. Travelers Insurance

OPINION AND ORDER GRANTING PLAINTIFFS’ MOTION TO COMPEL DISCLOSURE OF INFORMATION REGARDING INSURANCE RESERVES

BRAZIL, United States Magistrate Judge.

Plaintiffs are first party insureds and defendants are the insurance companies that issued insurance policies to plaintiffs that covered certain property damage. In this action, plaintiffs (hereafter “Bernstein”) contend that defendants (hereafter “Travelers”) acted in bad faith when they unjustifiably resisted claims and delayed payments under the relevant policies and when they made a settlement offer to plaintiffs (their insureds) that they…