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Hess Oil v. Chartis and AIG
Date: 12-20-2011
Case Number:
Judge:
Court: Circuit Court, Harrison County, West Virginia
Plaintiff's Attorney: Michael J. Romano and James A. Varner
Defendant's Attorney:
Description:
Hess Oil sued Chartis and AIG on bad faith breach of insurance contracts theory claiming that Defendants for failing to pay claims made against the policy for damages associated with an oil spill on Plaintiff's property in 1998. Plaintiff's policy had a limit of $1 million and AIG paid out about $900,000.
Plaintiff claimed that AIG and Chartis intentionally, willfully and maliciously mishandled the insurance claimed filed by it.
Commerce & Industry Insurance Co. and Chartis Claims Inc. claimed that Hess Oil misrepresented the facts in its 1997 insurance application and that the company "duped" Chartis. Romano denies that assertion.
Plaintiff claimed that AIG and Chartis intentionally, willfully and maliciously mishandled the insurance claimed filed by it.
Commerce & Industry Insurance Co. and Chartis Claims Inc. claimed that Hess Oil misrepresented the facts in its 1997 insurance application and that the company "duped" Chartis. Romano denies that assertion.
Outcome:
Plaintiff's verdict for $5 million in compensatory damages and $53 million in punitive damages.
Plaintiff's Experts:
Defendant's Experts:
Comments:
About This Case
What was the outcome of Hess Oil v. Chartis and AIG?
The outcome was: Plaintiff's verdict for $5 million in compensatory damages and $53 million in punitive damages.
Which court heard Hess Oil v. Chartis and AIG?
This case was heard in Circuit Court, Harrison County, West Virginia, WV.
Who were the attorneys in Hess Oil v. Chartis and AIG?
Plaintiff's attorney: Michael J. Romano and James A. Varner.
When was Hess Oil v. Chartis and AIG decided?
This case was decided on December 20, 2011.