A Mississippi jury has awarded $2.5 million in punitive damages to a couple who sued State Farm Fire & Casualty for denying their claim after Hurricane Katrina, a decision that could benefit hundreds of others challenging insurers for not covering billions of dollars in storm damage. The couple, who wanted State Farm to pay for their home's full insured value plus $5 million in punitive damages, claimed that a tornado during the hurricane destroyed the home. State Farm blamed all the damage on storm surge.
January 12, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
A Mississippi jury on Thursday awarded $2.5 million in punitive damages to a couple who sued State Farm Fire & Casualty Co. for denying their claim after Hurricane Katrina, a decision that could benefit hundreds of other homeowners challenging insurers for refusing to cover billion of dollars in storm damage.
A federal judge only hours earlier had taken part of the case out of jurors’ hands before they awarded punitive damages to State Farm policyholders Norman and Genevieve Broussard.
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