R.C. Wegman Construction Co. v. Admiral Insurance

POSNER, Circuit Judge.

This appeal is a sequel to our decision last year reported at 629 F.3d 724 (7th Cir.2011), in which we reversed the dismissal of Wegman’s suit against its primary insurance carrier, Admiral; the suit charges Admiral with having failed to discharge its duty of good faith to its insured by (as we put it in another case) “gambling] with the insured’s money by forgoing reasonable opportunities to settle a claim on terms that will protect the insured against an excess judgment.” Twin City Fire Ins. Co. v. Country Mutual Ins. Co., 23 F.3d 1175, 1179 (7th Cir. 1994) (Illinois…