Lisiewski v. Countrywide Insurance

In this case the plaintiff, a judgment creditor of an insured of the defendant insur- anee companies, seeks to recover in a direct action against the defendants the amount of the judgment in excess of the insured’s policy limits. Plaintiff recovered a judgment against defendants’ insured in a prior action and has received payment up to the policy limit from the defendant insurers. Plaintiff asserts in this action that defendants wrongfully failed to settle the prior case for an amount within the policy limits, that the defendants are liable to their insured (the judgment debtor) for the…