Search
 

Supreme Court To Hear Punitive Damages Challenge

Lawyers are hopeful that last week's decision by the U.S. Supreme Court to review an Oregon punitive damage award will help reduce even further the soaring cost of civil litigation to insurers. The

By Arthur D. Postal | Updated on June 04, 2006

Lawyers are hopeful that last week’s decision by the U.S. Supreme Court to review an Oregon punitive damage award will help reduce even further the soaring cost of civil litigation to insurers. The court is expected to hear oral arguments in the case in November or December.

The case is being reviewed against the background of two new, more conservative judges on the top court and passage last year in Congress of the Class Action Fairness Act of 2005–designed to reduce abuses by helping defendants move cases to the federal court system.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.