Insurance 101 – Chapter 11 – Volume 11 – More on Punitive Damages

More on Punitive Damages

The Supreme Court took a big step with regard to insurance in a case that never mentions the word insurance. The court  found—simply and logically—that punitive damages cannot be awarded for breach of contract. In so deciding, the California Supreme Court has thrown into question a long line of cases that changed a simple breach of contract into a tort by allowing awards of punitive damages against insurers who had breached the covenant of good faith and fair dealing.

The following video was adapted from my book, “Insurance Claims A Comprehensive Guide” Published by the National Underwriter Company and is available at the Zalma Insurance Claims Library

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The author and publisher disclaim any liability, loss, or risk incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this blog. The information provided is not a substitute for the advice of a competent insurance, legal, or other professional. The Information provided at this site should not be relied on as legal advice. Legal advice cannot be given without full consideration of all relevant information relating to an individual situation.

 

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