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INSURANCE FINANCIAL SERV., INC. v. S.C. INS. CO.

22129

282 S.C. 144 (1984)

318 S.E.2d 10

INSURANCE FINANCIAL SERVICES, INC., Respondent, v. The SOUTH CAROLINA INSURANCE COMPANY, Appellant.

Supreme Court of South Carolina.

June 8, 1984.

Attorney(s) appearing for the Case

Charles H. Gibbs and John P. Linton, of Sinkler, Gibbs & Simons, Charleston, David W. Robinson, II, of Robinson, McFadden, Moore, Pope & Stubbs, and Lanville H. Mengedoht and Bernard Manning, Columbia, for appellant.

David M. Ratchford and Charles F. Cooper, II, of Ratchford & Cooper, Columbia, for respondent.

June 8, 1984.

LITTLEJOHN, Justice:

Plaintiff-Respondent, Insurance Financial Services, Inc., a local real estate agency, brings this action against the Defendant-Appellant, South Carolina Insurance Company, alleging the wrongful cancellation of an agency contract in violation of the South Carolina Code. The issues were tried by a jury resulting in a verdict of $100,000 actual damages plus $550,000 punitive damages. The Insurance Company has appealed, alleging...

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