Elbert P. Tuttle U.S. Court of Appeals Building.
The Eleventh Circuit Court of Appeals upheld a trial court in ruling that Geico General Insurance was not entitled to a new trial after a Florida jury found it engaged in bad faith, leaving the insurer on the hook for a $2.9 million judgment.
The insurer had argued there was insufficient evidence to support a jury’s finding, but the July 20 per curiam opinion authored by Judges Gerald Tjoflat, Charles Wilson and Kevin Newsom said the plaintiff’s injuries were likely well over the $250,000 policy limits following a 2010 auto accident but that it still refused to tender its policy limits until it was hit with a lawsuit.
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