Paiz v. State Farm Fire & Casualty Co.
New Mexico Supreme Court
1Opinion of the Court
OPINION
MONTGOMERY, Chief Justice.
Ronald and Bernadine Paiz (“the Paizes” or “Plaintiffs”) sued State Farm Fire and Casualty Company and Robert Ellsworth, the agent through whom they purchased a policy of hazard insurance from State Farm (“Defendants”), on several claims arising from State Farm’s denial of payment for damage to a building destroyed by fire. The Paizes won a jury verdict of $380,000 in compensatory damages against both Defendants and $485,000 in punitive damages against State Farm. The trial court entered judgment on the verdict, awarding Plaintiffs the damages assessed by the…
2Cases cited26 opinions
- Scott v. RizzoNew Mexico Supreme Court · 1981
- Tuttle v. RaymondSupreme Judicial Court of Maine · 1985
- Linthicum v. Nationwide Life InsuranceArizona Supreme Court · 1986
- Loucks v. Albuquerque National BankNew Mexico Supreme Court · 1966
- Continental Potash, Inc. v. Freeport-McMoran, Inc.New Mexico Supreme Court · 1993
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