Walston v. Monumental Life Insurance
Idaho Supreme Court
1Opinion of the CourtSchroeder, Justice
Following trial a jury awarded James Walston, an insured in a cancer insurance policy, $3,800 for a breach of contract, $120,000 for damages arising from fraud and bad faith denial of benefits and $10,000,000 in punitive damages. The trial court sustained the verdict on all counts but reduced the punitive damages to $3,200,000 in response to an alternative motion for judgment notwithstanding the verdict, new trial, or remittitur. Monumental Life Insurance Company appeals.
I
BACKGROUND AND PRIOR PROCEEDINGS
Monumental Life Insurance Company (Monumental) sent James Walston (Walston) a solicitation…
2Cases cited31 opinions
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- Day v. WoodworthSupreme Court of the United States · 1852
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