Word: turned
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Dates: during 1970-1979
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Insurers have taken some comfort from the latest turn in the Egan case: the California Supreme Court has ordered the punitive award to be cut. Noting that the $5 million sum amounted to nearly 60% of Mutual's 1974 net income, the court said that the award was bloated by the "passion and prejudice" of the jury. A new trial must now be held to set a fairer award, but the decision left no doubt that courts could continue to exact punitive damages from insurance companies...
Insurance executives, however, argue that punitive damages are nothing but a windfall for the plaintiff and his attorney. Big awards, they say, make it easier for people with dubious claims to bargain companies into paying large settlements, which in turn are paid for by others in the form of increased premiums. Says William Adams, associate general counsel of Occidental Life: "People with unquestionable claims, and that's about 95%, are not benefited by ShernofF's activities. He should not be pounding the table claiming he's helping the consumer. He's hurting most of them...
...history texts turn a pageant into patchwork...
...created a chaotic situation. People don't know who to turn to for psychological help...
...legislature's failure to act was no accidental lapse but the byproduct of a political deadlock. At issue is the money likely to flow from any national health insurance program. Psychiatrists, who are M.D.s, are not eager to share federal dollars with nonmedical psychologists. Psychologists, in turn, are usually Ph.D.s and generally unenthusiastic about the flow of Government funds to other workers lower on the mental health totem pole: group therapy leaders, marriage counselors and psychiatric social workers...