(June 21, 2023, 12:12 PM EDT) -- SOUTH BEND, Ind. — An Indiana federal judge denied a request by insurers’ to limit an $87.5 million punitive damages award entered for an insured by a jury in a breach of contract and bad faith dispute stemming from the insured’s request for coverage costs related to the cleanup of polychlorinated biphenyls
XE "polychlorinated biphenyls" (PCBs) because the award is within the state’s statutory cap as the statutory cap applies to each individual punitive damages award, which is $12.5 million against each of the seven insurers named as defendants in the suit....