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Fla. Judge Says Yacht Suit Doesn't Support Punitive Damages

By David Minsky ( February 27, 2024, 4:50 PM EST) -- A Florida federal judge has recommended that punitive damages sought in a bad faith lawsuit against Travelers over failing to properly investigate a damaged yacht claim should be tossed, saying that the allegations don't support the higher standard needed to show malicious behavior or reckless disregard by the insurance company....

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