High Court Tosses Excessive Award Washington
A United States Supreme Court decision overturning a $145 million punitive damage award against State Farm will go a long way toward reining in runaway legal judgments, tort reform and industry representatives say.
“The Supreme Court recognized some time ago that punitive damages had run wild in this country,” according to nationally known tort expert Victor Schwartz, who is general counsel for the Washington-based American Tort Reform Association.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 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.
