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Litigation

May 12, 2000

Jury Awards $40M To Ex-Contractor

A Los Angeles Superior Court jury Wednesday awarded a former construction contractor $40 million in punitive damages. The jury found that his insurance company, a subsidiary of Farmer's Insurance, forced him into bankruptcy by failing to pay a judgment covered under his policy, then abandoned him in bankruptcy when he tried to get out from under the judgment.

        A Los Angeles Superior Court jury Wednesday awarded a former construction contractor $40 million in punitive damages. The jury found that his insurance company, a subsidiary of Farmer's Insurance, forced him into bankruptcy by failing to pay a judgment covered under his policy, then abandoned him in bankruptcy when he tried to get out from under the judgment.
        The award ...

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