6. Assume that Cameron is covered by a homeowners policy identical to the one used in class. Cameron, while cleaning his gun, caused the gun to accidentally discharge. The bullet from the discharge hit Molly, who was visiting his daughter. Molly was rendered a paraplegic. She sued Cameron for negligence. Her attorney offered to settle the case for $300,000 even though the evidence clearly showed $1 million in damages. The insurer refused the settlement offer because it believed there was a good case for a defense verdict. Cameron lost the case and Molly was awarded $1 million in damages. Please analyze whether insurance company has bad faith liability for the $700,000 in excess of the policy limits.