The full fury of a Nevada Federal District Court judge was recently turned onto UNUM and Paul Revere Life Insurance Company in a disability income insurance case in which the Court awarded a plaintiff more than $26 million in punitive damages against UNUM while permitting another $36 million in punitives, found by a jury, to stand against Paul Revere.
After what the Court said was a thorough review of the evidence in the case, Merrick v. Paul Revere Life Insurance Company, et als., (U.S.D.C., Nev.) CV-S-00-0731-JCM-RJJ, (Nov., 2008) it found that UNUM had engaged in highly reprehensible conduct to augment profits, had targeted the financially vulnerable thereby risking the health and safety of the policyholder and had repeatedly engaged in such conduct as to the insured and many others
In a 39-page blow-by-blow discussion of the tactics used by UNUM in an effort to duck payments under its disability policy, the Court outlines a corporate scheme to boost profits at the expense of claimants.
The decision makes clear that any one with a disability income claim against UNUM or its allied insurance companies had better prepare a proper case going in and have in his or her corner an advocate who knows how to and is willing to go the mat with UNUM. For more detail on UNUM, click here.
To see the full opinion, click here.
Thursday, December 18, 2008
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment