Tag: punitive damages

How a Policyholder Took on USAA in Court and Won Big

Logan B.
USAA in Court

A Shocking Decision: $100 Million in Punitive Damages, $14 Million in Compensatory Damages Insurance giant USAA has landed in the spotlight after a Nevada jury handed down a monumental $114 million verdict in a bad faith lawsuit. The award, which includes $100 million in punitive damages and $14 million in compensatory damages, arose from its handling of a claim for policyholder Timothy Kuhn following a car accident in 2018. The jury’s decision underscores a growing tension between insurers’ claims-handling practices and their legal obligations to their customers, raising questions about…

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Mississippi Supreme Court Upholds $15M Award in USAA Hurricane Katrina Case

Marc
USAA Hurricane Katrina Case

Just recently, the Mississippi Supreme Court has upheld a landmark $15 million award against United Services Automobile Association (USAA) for acting in bad faith when handling a Hurricane Katrina insurance claim. The decision brings closure to a nearly two-decade-long legal battle spearheaded by the estate of Paul and Sylvia Minor, a couple who lost their iconic Ocean Springs home in the devastating 2005 storm. A Historic Home and a Long Legal Battle The Minors’ home wasn’t just a personal residence; it was a piece of architectural history. Designed in the…

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Mississippi Supreme Court Upholds $15M Compensation in USAA Hurricane Katrina Dispute

Ben Jones
Mississippi Supreme Court

Insurance News – Mississippi Supreme Court Ruling Nearly two decades after Hurricane Katrina devastated the Gulf Coast, the Mississippi Supreme Court has reached a decisive conclusion in a high-profile case involving the United Services Automobile Association (USAA) insurance company. The court ruled in favor of the Minor family, ordering USAA to pay $15 million in punitive damages and legal fees over allegations of bad-faith conduct towards the policyholders. The ruling marks the culmination of a long legal struggle over claims tied to the destruction of the Minor family’s historic Ocean…

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