Indiana GRQ, LLC v. American Guarantee and Liability Insurance Company

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF INDIANA SOUTH BEND DIVISION INDIANA GRQ, LLC, Plaintiff, v. CAUSE NO. 3:21-cv-227 DRL AMERICAN GUARANTEE AND LIABILITY INSURANCE COMPANY et al., Defendants. OPINION AND ORDER Indiana GRQ, LLC sued seven insurance companies after flooding caused environmental and electrical damage to its South Bend facility. After an eight-day trial, the jury found all seven insurers liable on the company’s contract and bad faith claims and awarded $24,719,043 in total compensatory damages and $12,500,000 in punitive damages against each insurer. Before entry…