Should a jury verdict and Court of Appeals finding of clear and convincing evidence to support a punitive damages award result in a reduction of the award simply because it was in excess of a single digit ratio to compensatory damages?
Kenneth John Nardelli and Tammy M. Nardelli, v. Metropolitan Group Property and Casualty Insurance Company
Year
2011
Court
Arizona Supreme Court
Case Number
CV-12-0180-PR
Issue
- Punitive Damages
State
- Arizona