Year:
2008
Court:
U.S. Court of Appeals, 9th Circuit
Case Number:
08-17742
Issue:
- Punitive damage award that only slap an insurer on the wrist will fail to deter reprehensible behavior.
State:
- Nevada
In situations where insurers ignore the law and abandon the principles of good faith and fair dealing in a persistent manner, meaningful punitive damage awards are justified to temper the behavior of a member of this quasi-public industry. A punitive damage award must be sufficient…