Texas Mutual Insurance Company (TMIC) said it would appeal a decision that upheld a jury verdict that will cost them $750,000 in damages.
On Aug. 27, The Texas 14th Court of Appeals rejected Texas Mutual's appeal of a jury verdict that found TMIC acted in bad faith and that the company had knowingly violated the insurance code. The jury also had found that plaintiff P. Lance Morris suffered mental anguish and loss of credit reputation damages because of TMIC's actions. The Court of Appeals held that the evidence was sufficient to support the jury's verdict.
TMIC's legal representative vehemently disagreed with the ruling.
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