Michelle DEMENT-DONARSKI, (1994), "Punitive Damages and Insurance: Are Punitive Damages insurable? The North Dakota Supreme Court says yes, despite North Dakota's Public Policy to the contrary `Continental Casualty CO. v. Kinsey, 499 N.W.2D 574 (N.D.1993)'" North Dakota Law Review, num...
Damages Caps, Insurability, and the Performance of Medical Malpractice Insurance Several punitive damages variables specifically affected the medical malpractice insurance market, including limits on punitive damage levels, prohibitions of the... WK Viscusi,PH Born - 《Journal of Risk & Insurance》 被引...
Since the 1970s, punitive damages have been criticized by U.S. business and insurance groups which allege that exorbitant punitive damage awards have driven up the cost of doing business.Punitive damages have been characterized as "quasi-criminal" because they stand halfway between the criminal ...
INSURANCE COVERAGE FOR PUNITIVE DAMAGES - TIME FOR A UNIFORM RULE UNDER GENERAL MARITIME LAW Loyola Maritime Law JournalDavis, Adam N.
What are punitive damages? What are some lawsuit examples involving tort and breach of contract simultaneously? What are the compensatory damages and punitive damages? What is the purpose of punitive damages? What is punitive damages in insurance?
This conclusion is based on the findings that the insurance of punitive damages in Argentina would: [1] destroy the function of punitive damages (deterrence and punishment); and [2] weaken the social function of insurance liability.Matias Irigoyen Testa...
A jury’s $2.8 million punitive damage award against an insurance agency and broker that tried to poach a competitor’s staff and book of business was not excessive even though it was more than 10 times the amount of compensatory damages, … ...
Part II provides a short history of punitive damages, and discusses the common justifications for this private law anomaly. Next, Part III shows how the two rules were applied through the Exxon Valdez litigation, and explains why their in tandem application gives rise to incoherence on the ...
Insurance Definitions punitive damages On This Page punitive damagesPunitive damages are damages in excess of those required to compensate the plaintiff for the wrong done, which are imposed to punish the defendant because of the particularly wanton or willful nature of his or her wrongdoing. ...
Though the award of punitive damages outside the narrow class of dignitary torts is unusual in America and unknown in many other countries, punitive damages represent a significant risk to some American defendants: awards are unpredictable, private insurance contracts may not cover liability, and ...