Georgetown Realty, Inc. v. Home Insurance

This case involves an “excess claim” 1 by an insured against its liability insurer. Plaintiffs first claim was for damages for breach of contract in the amount of a judgment returned against it in an earlier case, less amounts paid by defendant under its liability policy, and for attorney fees. Plaintiffs second claim was for damages for “breach of fiduciary duty,” “damage to its professional reputation,” lost income and earning capacity, and punitive damages. The jury found for plaintiff on both claims and awarded punitive damages on the second claim. Defendant appealed, arguing that the…