Search
 

Insurer must pay $2.75M in punitive damages for deception, court rules

A court of appeals has affirmed a decision awarding an injured woman $2.75 million in punitive damages from an insurance company that had 'actively deceived' the woman.

By Steven A. Meyerowitz, Esq., Director, FC&S Legal | Updated on August 22, 2017
The circuit court agreed with the district court that there were sufficient facts to find that “Charter Oak did not simply fail to disclose the existence of $900,000 of UIM coverage available to [Ms.] Dziadek, but actively deceived [Ms.] Dziadek and her attorney into believing that there was no such coverage.”

This story is reprinted with permission from FC&S Legal, the industry’s only comprehensive digital resource designed for insurance coverage law professionals. Visit the website to subscribe.

The U.S. Court of Appeals for the Eighth Circuit has affirmed a decision by the U.S. District Court for the District of South Dakota awarding an injured woman $2.75 million in punitive damages from an insurance company that had “actively deceived” the woman — and her attorney — into believing that no underinsured (UIM) motorist benefits were available to her.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

Bank & Capital Markets Tax Institute (BTI) 2024Event

BTI provides leading tax professionals from financial institutions with unmatched tools and resources.

Get More Information
 

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.