SBE Lawyer Ricardo Echeverria Featured in Forum Magazine
SBE’s Ricardo Echeverria was featured in the January/ February edition of the CAOC’s Forum magazine discussing the duty to settle – analysis after Pinto.
A third-party liability insurer is required to settle a lawsuit against its insured if the insurer makes a clear and unequivocal offer to settle within the policy limits, the liability is reasonably clear, and the likelihood of a recovery exceeds the policy limits.
Mr. Echeverria discusses how much of an impact Pinto will have on the overall duty to settle analysis and the obligation to present a reasonable settlement demand that can not be changed. He goes into detail on how a jury must now decide not only whether the settlement demand was reasonable, but also whether the insurer’s conduct is failing to accept the reasonable settlement demand was unreasonable.
To read more click here: https://online.flippingbook.com/view/572382218/24/
Ricardo Echeverria is a trial attorney with Shernoff Bidart Echeverria LLP handling insurance bad faith and catastrophic personal injury cases. Mr. Echeverria is a past-president of the Consumer Attorneys Association of Los Angeles (CAALA). He was recognized as one of the Top 30 Plaintiff Lawyers in California in 2018 – 2021 and was named one of the Top 100 Attorneys in California in 2017 and 2018 by the Los Angeles Daily Journal. In 2019, he was honored with the Lifetime Legal Achievement Award from Consumer Watchdog. He was named 2019 Trial Lawyer of the Year by Consumer Attorneys of Inland Empire and was also named the 2010 Trial Lawyer of the Year by the CAALA.