Year:
2014
Court:
U.S. Court of Appeals, 6th Circuit
Case Number:
12-2074
Issue:
- Disgorgement of Profits
- ERISA
State:
- Michigan
Where an insurer has wrongfully delayed or denied a covered claim, extra-contractual remedies are necessary to punish the conduct at issue and deter similar conduct in the future. UP argued in its brief that disgorgment of profits is an appropriate remedy for bad faith denial…