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A demand for punitive damages can elevate litigation from a mundane claim to a matter with long-term implications for an insurer based on what could happen in the litigation. But what really does happen with punitive damages claims that proceed through litigation? The panel reviews recent cases involving punitive damages claims, and discusses important "lessons learned" from those matters. They also discuss Pennsylvania`s historic efforts on tort reform and pending legislative initiatives that could affect damages in bad faith and wrongful death actions, and the enforceability of binding alternative dispute resolution in professional liability claims.
This course was recorded in April 2010 at PBI’s 14th Annual Insurance Institute. Other sessions from this Institute are available on PBI’s Online Campus.