( July 14, 2026, 1:06 PM EDT) -- SAN FRANCISCO — A California appeals panel on July 13 affirmed a jury’s verdict that an insurer breached its contract, acted in bad faith and owed an insured apartment complex owner punitive damages in a coverage dispute arising from the 2017 Tubbs fire but held that the jury’s $6.5 million punitive damages award is “constitutionally excessive.”...