punitive damages

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The answer is maybe, under some circumstances.  Unfortunately for the major accounting firm BDO Seidman, however, such circumstances didn’t exist in a recent New York coverage decision.  You can read the full opinion by clicking here.

BDO’s coverage dispute stemmed from a $92 million Florida jury verdict against BDO (ouch), which included $55 million…

Awhile back on this blog, we were discussing developments in insurance bad faith law, and I hypothesized that Courts were generally more apt to find bad faith in cases involving a carrier’s delay of benefits, rather than outright denial.  But what if the outright denial contains a bald-faced lie, or a deliberate omission?  In that…