Ocean Reef Charters, LLC v. Travelers Property Casualty Company of America

  1. February 27, 2024

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

    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.

  2. September 01, 2023

    Yacht Co. Hits Travelers With Bad-Faith Suit After $2.5M Win

    After an Eleventh Circuit win, the owner of a yacht that was totaled during 2017's Hurricane Irma accused Travelers of bad faith for failing to promptly cover more than $2 million in damages and initiating litigation, asking a Florida federal court Friday to make the insurer pay for its conduct.