May 10, 2010

Bill To Cap Punitive Damages is Dead. Again.

In a prior post, we reported on the death of a bill to cap punitive damages in California at three times the amount of compensatory damages. That report turned out to be premature, because the proposal wasn't really dead. It came back to life with a different number (AB 2740). Now that bill is really dead. It was rejected by the Assembly Judiciary Committee. Don't take our word for it; the Civil Justice Association of California (CJAC), which sponsored the bill, has the full report on its blog.

1 comment:

  1. Interesting. In Texas, exemplary damages have been subject to strict caps since major tort reform in 2003. The Democrats were wiped out in the 2002 election cycle and the insurance industry quickly pressed their advantage.