4th Circ. Revives $13M Liberty Mutual Bad-Faith Verdict

Law360, New York (February 10, 2014, 5:34 PM EST) -- The Fourth Circuit on Monday reinstated a jury’s $12.5 million verdict finding Liberty Mutual Fire Insurance Co. acted in bad faith when settling five underlying property-damage suits against a window and door manufacturer, ruling the insurer need not have caused actual damages to be liable for punitive damages.

A unanimous panel held that a South Carolina federal judge overstepped in erasing the punitive damages award on the grounds that J.T. Walker Industries Inc. and its subsidiary MI Windows & Doors Inc. had suffered no monetary harm from...
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Case Information

Case Title

Liberty Mutual Fire Insurance v. JT Walker Industries, Inc.


Case Number

12-2256

Court

Appellate - 4th Circuit

Nature of Suit

4110 Insurance

Date Filed

October 11, 2012


Case Title

Liberty Mutual Fire Insurance v. JT Walker Industries, Inc.


Case Number

12-2350

Court

Appellate - 4th Circuit

Nature of Suit

4110 Insurance

Date Filed

October 31, 2012

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