This is a bad faith case that involves the alleged breach of an insurance contract and the alleged breach of duty for fair dealing.The plaintiffs were insured by the defendant, pursuant to a policy that provided insurance coverage for potential losses, including, but not limited to theft. The plaintiffs made an appropriate claim for benefits, pursuant to the applicable insurance policy, which the defendant summarily denied. The defendant’s denial was alleged to be a breach of the insurance contract. It was alleged that the defendant violated its duties of good faith and fair dealing by unreasonably refusing to pay the plaintiffs any amount for their valid claim under the insurance policy.
Question(s) For Expert Witness
1. Do you have extensive knowledge of similar insurance coverage and claims?
2. What is your experience working on breach of insurance contract and alleged breach of duty of good faith and fair dealing cases?
Expert Witness Response E-008036
I have 20+ years of experience in the insurance industry as senior executive and management consultant. I am a graduate of Harvard Business School (MBA) and the University of Chicago (AB) and have been a CPCU since 1998. I have extensive knowledge of insurance coverage and claims issues. As chief underwriting officer of a $500 million US P&C insurer, I served on the company's claims dispute resolution team which developed the company's response to disputed insurance claims. Some of the claims we investigated involved breach of duty and good faith issues.
About the author
John Lomicky
John Lomicky is a J.D. candidate at FSU Law with a multidisciplinary background. He earned his Bachelor's degree in Neurobiology and Near Eastern Studies from Georgetown University and has graduate degrees in International Business and Eurasian Studies. John's professional experience includes working in private equity as an Associate at Kingfish Group and in legal business development and research roles at the Expert Institute. His expertise spans managing sales teams, company expansion, and providing consultative services to legal practices in various fields.