Hurricane Katrina Claim Leads to Significant Punitive Damages Award—Mississippi Recognizes Common Law Obligations of Good Faith
Property Insurance Coverage Law
DECEMBER 7, 2024
The Mississippi Supreme Court has affirmed a $10 million punitive damages award against USAA for its bad faith handling of a Hurricane Katrina claim, sending a clear message about insurers’ obligations to their policyholders.1 The case provides important lessons about proper claims handling and the consequences of failing to conduct thorough investigations.
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