Insurance Bad Faith Law

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What is punitive damages?

What is punitive damages?

Punitive damages are extra money a court may award on top of compensatory damages to punish especially reckless or intentional wrongdoing. They’re meant to deter similar misconduct, and many states limit them (often to a multiple of compensatory damages). This article explains how punitive damages work, when they’re available, and key limits. Understanding Punitive Damages […]
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