Insurer Seeks Take-Nothing Judgment After Jury Awards Insured $39.9M In Storm Suit

( March 18, 2025, 11:08 AM EDT) -- TYLER, Texas — A commercial property insurer moved for full judgment as a matter of law and alternatively a new trial after a jury in a Texas federal court unanimously awarded its insured $4,838,747 in damages for its breach of contract and $35 million in exemplary damages for its breach of the duty of good faith and fair dealing in a coverage dispute arising from property damage that was caused by an April 12, 2020, wind and hailstorm....