Eversheds Sutherland 11th Circuit Business Blog
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A Policy-Limits Demand Under Georgia Law May Require Timely Payment as a Condition of Settlement

In Grange Mutual Casualty Co. v. Woodard, 2017 WL 2819729 (11th Cir. June 30, 2017), the Eleventh Circuit applied the Georgia Supreme Court’s holding in Grange Mutual Casualty Co. v. Woodard, 797 S.E.2d 814 (Ga. 2017), to hold that an insurer’s failure to deliver payment within the time required by a policy-limits demand meant that there was no binding settlement between the parties....