Matt Casey, a founding partner of Ross Feller Casey, LLP, has settled a landmark, record-setting insurance bad-faith case for $22 million -- making it the largest settlement of its kind in Pennsylvania history.
It is also the largest bad-faith settlement involving a motor vehicle accident reported in the U.S., according to VerdictSearch, the nation's leading publisher of verdicts and settlements.
The case involved a major insurance company's handling of a $250,000 automobile insurance policy held by the driver of a vehicle in which the plaintiff, Patrick Hennessy, was a passenger.
As a result of a catastrophic Philadelphia car collision in 2009, Hennessy suffered severe injuries and eventually was forced to undergo an above-the-knee amputation of his right leg.
At $22 million, the settlement reached by Casey is 88 times the amount of the originally available insurance policy limits that Hennessy sought.
The settlement drew widespread attention from the media, including in The Scranton Times-Tribune (read story here), on the front page of The Legal Intelligencer (read story here), in The Philadelphia Inquirer (read story here), and on KYW News Radio (listen to the report here).