$10 Million Jury Verdict Against Insurance Company Refused to Pay for Storm Damage
Insurance company failed to pay for damage to insured’s barn after it was damaged in a storm. Insurance company denied coverage. Jury held insurance company liable for bad faith and award $9 million in punitive damages.
More than 13% of Americans—over 40 million people—are currently over 65 years old. Over the coming decades, that percentage is only expected to rise, as is the percentage of Americans over 85 years old. As the aging population increases, so does…