Independent Life & Acc. Ins. Co. v. Peavy

George R. Peavy filed suit in the Circuit Court of Rankin County, Mississippi, against Independent Life Accident Insurance Company, and against its agents George F. Watson and John Lowell Davis, for tortious breach of contract, breach of fiduciary duties, and fraud in the inducement. After the two individual defendants were dismissed on Peavy's motion, the jury returned a verdict against Independent Life and awarded Peavy $412.20 in actual damages and $250,000.00 in punitive damages. From that verdict Independent Life has appealed, assigning four errors. We affirm.

On March 16, 1968,…