Eyebuy:
I mentioned this before. If PPHM makes a demand inside of policy limits, but CSM's carrier refuses to settle, it sets up a potential bad faith claim in which the carrier can be on the hook for damages beyond the policy limits and potentially including damages that were not even covered by the policy to begin with. It is actually a very smart strategy if you believe that the defendant is going to decline to settle, or they likely don't have easily attainable assets beyond the policy limits. Either they accept and you get the easy money, or they decline and if you win at trial, then you may be able to collect your full damages even beyond the policy limits from the insurance carrier.
All IMO
pd