ARCHER, J.
Plaintiff, an excess insurance carrier, filed an equitable subrogation action in the Oakland Circuit Court against defendant, a primary insurance carrier. Plaintiff alleged that defendant's failure to negotiate a settlement in a case against their mutual insured constituted bad faith pursuant to City of Wakefield v Globe Indemnity Co, 246 Mich. 645; 225 N.W.2d 643 (1929), thereby causing plaintiff to be exposed to risk. A jury found no cause of action...
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