$26 Million Jury Award against Farmers Insurance

Following the representation of a homebuilder in a construction defect case, Joe Ferrentino and Greg Dillion represented the builder in a bad faith lawsuit against Farmers Insurance Company due to Farmer’s failure to provide the homebuilder with a defense.  The homebuilder was owed $1 million in defense fees.  Following a trial, the jury awarded the homebuilder $1 million in compensatory damages and another $25 million in punitive damages.  Unfortunately, the Court then reduced the punitive damage award to $1 million.