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Utah Ruling Turns Juries Into Regulators, Insurers Contend

Washington

State regulation of insurance would be effectively undermined if a $145 million punitive damage award against State Farm is allowed to stand, four major property-casualty trade associations told the United States Supreme Court.

In a brief filed with the high court in the case of State Farm v. Campbell, the associations said that unless the award is overturned, a single jury in any state could become, in effect, a national insurance regulator.

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