Hawaiian Homeowners Claim Bad Faith By Surplus Lines Insurer LLoyd’s

Lloyd’s of London is having a tough time right now. The world’s oldest insurance market is embroiled in a legal battle after one of its syndicates was accused of breach of contract, deceptive business practices, bad faith and conspiracy. The case involves a home in Leilani Estates, an area in the district of Puna, Hawaii, which has felt the full fiery force of the recent Kilauea Volcano eruptions. The home is not covered in Kīlauea’s lava and has not burned to the ground, but it has been determined as a “total loss” by Lloyd’s. Despite deeming the property a “total loss,” Lloyd’s allegedly denied the insurance claim, according to Big Island Now reports.