Bad Faith, Punitive Damages Claims To Proceed In Business Income Loss Dispute

Mealey's (July 18, 2019, 2:10 PM EDT) -- TULSA, Okla. — An insured seeking coverage for extended business income loss sufficiently stated a claim for bad faith against its insurer, an Oklahoma federal judge said July 17 in denying the insurer’s motion to dismiss the bad faith claim and the insured’s request for punitive damages (Tikk-A-Wok Inc. v. Travelers Casualty Insurance Company of America, No. 18-570, N.D. Okla., 2019 U.S. Dist. LEXIS 118914)....