$2,025,000 Verdict Involving Consumer Fraud
General Consumer Fraud | Verdict
Published June 27, 2007 10:37 AM
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March, 1998 - The defendant insurance company was selling insurance to the poor and elderly that was bogus and in many cases worthless. The policies would automatically lapse after 5 years and the plaintiffs and others would be left with no coverage even though they had paid on policies the entire time. The jury awarded this substantial amount to send a message to stop this type of conduct in the future.