How Geico managed to overturn a $30M insurance bad faith award — for now

The federal circuit court has ruled that the parties must go back and again litigate the statutory damages. (Photo: Shutterstock)

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The U.S. Court of Appeals for the Eleventh Circuit has reversed a decision by the U.S. District Court for the Middle District of Florida awarding an insurance bad faith plaintiff $30 million based on a state court jury’s determination of damages in an underlying uninsured/underinsured motorist (UM) breach-of-contract action.