Court upholds $2.6M punitive damages, costs award against insurer for denial of disability benefits

By Karunjit Singh (December 21, 2023, 3:48 PM EST) -- The Ontario Court of Appeal has upheld an award of $1.5 million in punitive damages and over $1 million in costs against an insurer, affirming that its denial of long-term benefits to an insured exhibited reckless indifference to the duty of considering her claim in good faith....