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DIAMOND WOODWORKS, INC. v. ARGONAUT INS., CO.

No. G027949.

135 Cal.Rptr.2d 736 (2003)

109 Cal.App.4th 1020

DIAMOND WOODWORKS, INC., et al. Plaintiffs and Appellants, v. ARGONAUT INSURANCE COMPANY, Defendant and Appellant.

Court of Appeals of California, Fourth District, Division Three.

June 13, 2003.

Attorney(s) appearing for the Case

Stevens & Carlberg, Daniel P. Stevens; Rizio & Nelson and R. Shawn Nelson for Plaintiffs and Appellants.

Horvitz & Levy, Peter Abrahams, Julie L. Woods, Encino; Murtaugh, Miller, Meyer & Nelson and Lawrence J. DiPinto, Costa Mesa, for Defendant and Appellant.

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 a workers' compensation insurance policy to Builders Staff Corporation (BSC), a now-defunct employee leasing company.1 Plaintiff Diamond Woodworks (Diamond...

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