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Quote-a-Day Gifts
Insurance facts, terms, people, websites, history, and events in a calendar. Each day of the calendar year contains an interesting reference devoted to the Insurance industry.  Practical, informative and entertaining.

Insurance

November 14, 2018
PrintedOwl.com
Compensatory damages are paid to compensate a claimant for loss, injury or harm suffered by another's breach of duty. Punitive damages are awarded to a plaintiff in a legal suit to serve as a punishment for the defendant. Punitive damages are a modern phenomenon of the U.S. judicial system. While compensatory damages are insurable, punitive damages may or may not be, depending on the state.
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