Tag: Wyoming

Federal Court Judge Has Choice Words for Insurers in Policyholder WinSep 03, 2015

Before ordering Interstate Fire & Casualty Co. and Fireman’s Fund Insurance Co. to pay a $25.5 million punitive damages judgement that technically was not covered by the policy, U.S. District Judge Alan B. Johnson had some choice words for the insurers. He accused the insurers of “demonstrating a complete disregard of the insureds’ exposure to punitive damages”; “lull[ing] [the policyholders] into a false sense of security”; and “lurking in the…

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