Orange County Register: GEICO Must Pay $23 million to injured insured
From the OC Register:
"Geico Insurance must pay a Newport Beach man almost $23 million, an Orange County jury has ruled, finding the company unreasonably delayed paying a $400,000 damage claim."
"The injured driver, Omar Dauod, maintains the delayed payment cost him his business and forced him to sell two Orange County homes at a loss.
The case stems from a 2009 accident in which another motorist ran a stop sign and collided with Dauod’s vehicle in Newport Beach..."