Diamond Woodworks, Inc. v. Argonaut Insurance
California Court of Appeal
1Opinion of the Court
Opinion
IKOLA, J.
Before us are an appeal and a cross-appeal from a judgment awarding $658,000 in compensatory damages for fraud, breach of contract and insurance bad faith and $5.5 million in punitive damages. Briefly, defendant Argonaut Insurance Company (Argonaut) issued á workers’ compensation insurance policy to Builders Staff Corporation (BSC), a now-defunct employee leasing company. Plaintiff Diamond Woodworks, Inc. (Diamond), a client of BSC, transferred all of its employees to BSC, and BSC leased the employees back to Diamond. Argonaut issued certificates of insurance listing Diamond…
2Cases cited28 opinions
- BMW of North America, Inc. v. GoreSupreme Court of the United States · 1996
- State Farm Mutual Automobile Insurance v. CampbellSupreme Court of the United States · 2003
- Pacific Mutual Life Insurance v. HaslipSupreme Court of the United States · 1991
- Waller v. Truck Insurance Exchange, Inc.California Supreme Court · 1995
- Cooper Industries, Inc. v. Leatherman Tool Group, Inc.Supreme Court of the United States · 2001
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