Are Punitive Damages Available In Tenn. Insurance Cases?
Law360 (June 25, 2018, 1:17 PM EDT) -- In recent years, state and federal court rulings in Tennessee have been inconsistent about whether punitive damages are available to a policyholder in an insurance coverage case. This inconsistency arises out of differing interpretations of Tennessee’s “bad faith statute” in light of the Tennessee General Assembly’s passage of Tennessee Code Annotated § 56–8–113.
The Basics of a Breach of Insurance Policy Claim
An insurance policy is a contract between a policyholder and the insurance company. When an insurance company doesn’t honor its policy and pay the full amount owed on a properly submitted and covered insurance claim, the policyholder can sue...
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