State Farm Settles Katrina Suit With MS
By
Associated Press
Published: Mon, January 28, 2008 - 4:30 pm
Last Updated: Mon, January 28, 2008 - 4:32 pm
Last Updated: Mon, January 28, 2008 - 4:32 pm
consider punitive damages against an insurance company.
This after the eight-member jury today (Monday) handed down a
unanimous verdict that favored the insurer in a dispute with
policyholders over Hurricane Katrina damage.
At the end of a 10-day trial, the jury ordered USAA Casualty
Insurance Company to pay an additional $64,000 to policyholders
David and Marilyn Aiken for wind damage to their Pass Christian
home and its contents during the hurricane.
But that amount was only a fraction of the maximum $427,087 that
jurors could have awarded to the Aikens.
After the jury's verdict, U.S. District Judge L.T. Senter Jr.,
ruled that jurors can't consider punitive damages in the case
because "there is no substantial evidence that USAA was acting in
bad faith" when it denied most of the Aikens' claim.
USAA attorneys grinned and shook hands after jurors delivered
their verdict. A lawyer for the couple, Charles Boggs, says his
clients were disappointed in the verdict.
(Copyright 2008 by The Associated Press. All Rights Reserved.)
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