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    Home - Insurance - Travelers faces $27 million loss after Alabama fire insurance dispute
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    Travelers faces $27 million loss after Alabama fire insurance dispute

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    Travelers faces  million loss after Alabama fire insurance dispute
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    Unable to reach an agreement, Maxus sued Travelers for breach of contract and vexatious refusal to pay under Missouri law. The jury sided with Maxus, awarding $27,330,263.13 in damages, $546,905 for vexatious refusal to pay, and attorneys’ fees. The district court also granted prejudgment interest and additional attorneys’ fees.



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