Majority Renders $4.5M In Attorney Fees To Insureds In Hurricane Katrina Suit

( December 9, 2024, 10:49 AM EST) -- JACKSON, Miss. — A Mississippi Supreme Court majority affirmed a jury's $10,457,858.89 damages award against an insurer in a Hurricane Katrina coverage dispute and reversed the lower court’s denial of the insured’s estate’s posttrial motion for attorney fees and rendered $4,500,000 in attorney fees to the estate plus postjudgment interest, finding that the court’s decision to force the estate to use nearly half of its award to pay attorney fees fails to adequately compensate them for bringing this bad faith action against the insurer....