Thursday, July 13, 2006
Insurer To Appeal Annuities Verdict
An insurance company said Friday that it would appeal a $17.4-million verdict against it for selling an Inland Empire man a series of annuities that wouldn't mature until he was 97.
A Riverside County Superior Court jury awarded Ernst Hammermueller, 86, of Palm Desert $3.4 million in compensatory damages June 23 and an additional $14 million in punitive damages June 27, according to attorneys in the case.
Insurer To Appeal Annuities Verdict
Source: LA Times
A Riverside County Superior Court jury awarded Ernst Hammermueller, 86, of Palm Desert $3.4 million in compensatory damages June 23 and an additional $14 million in punitive damages June 27, according to attorneys in the case.
Insurer To Appeal Annuities Verdict
Source: LA Times
Permalink posted by armandn @ 12:22 PM 
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