Legal Opinion
Lira v. Shelter Insurance Co.
Supreme Court of Colorado
Decided March 25, 1996No. 95SC153PublishedCited by 48 opinions
1Opinion of the CourtChief Justice Vollack
We granted certiorari to review the decision of the court of appeals in Lira v. Shelter Insurance Co., 903 P.2d 1147 (Colo.App. 1994), which held that when an insured’s only claimed damages are the outstanding punitive damages awarded against him in the underlying suit, the insured may not recover against the insurer for acting in bad faith in failing to settle. We affirm the decision of the court of appeals.
I
Early in the morning on January 3, 1988, Joel Lira (Lira) became involved in an altercation with another driver, Edgar Gunn (Gunn), while traveling northbound on Interstate 25. Lira had…
2Cases cited11 opinions
- Farmers Group, Inc. v. TrimbleSupreme Court of Colorado · 1984
- Ballow v. PHICO Insurance Co.Supreme Court of Colorado · 1994
- Universal Indemnity Insurance v. TenerySupreme Court of Colorado · 1934
- Seaward Const. Co., Inc. v. BradleySupreme Court of Colorado · 1991
- Bailey v. Allstate Insurance Co.Colorado Court of Appeals · 1992
6 more not listed; retrieve them via the Exa API.
3Cited by48 opinions
- Goodson v. American Standard Insurance Co. of WisconsinSupreme Court of Colorado · 2004
- Fairfield Insurance Co. v. Stephens Martin Paving, LPTexas Supreme Court · 2008
- PPG Industries, Inc. v. Transamerica InsuranceCalifornia Supreme Court · 1999
- Wolfe v. Allstate Property & Casualty InsuranceCourt of Appeals for the Third Circuit · 2015
- Cook v. Rockwell International Corp.Court of Appeals for the Tenth Circuit · 2010
43 more not listed; retrieve them via the Exa API.