Jury Finds GEICO Insurance Guilty Of Bad Faith, Awards Almost $23 Million in Damages

 Friday, April 13, 2018

 InsuranceNewsNet

Newport Beach law firm Allen, Flatt, Ballidis & Leslie announced today that an Orange County jury has found GEICO Indemnity Insurance Co. (GEICO) guilty of operating in bad faith and using organization-wide stalling tactics to drag out an auto insurance policy settlement with a disabled Irvine businessman for almost six years. On March 29, after a trial lasting four weeks, a jury of seven women and five men awarded Omar Dauod, the victim, $9.9 million in general damages. On April 10, it awarded $13 million in punitive damages, bringing the total to almost $23 million.
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