$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.