A third category of compensation, “punitive damages,” are rare. These are sometimes awarded to punish a defendant, and to serve as a deterrent. California law requires proof that the defendant or ...

Under the Racketeer Influence and Corrupt Organizations Act (RICO), an individual can bring a civil action for an injury to the individual’s business or property caused by a RICO violation (referred ...

In personal injury cases, victims sometimes suffer more than just financial losses. They may experience emotional disturbances as well. While calculating compensation for medical bills and lost wages ...

The tax treatment of personal injury settlements and verdicts is widely misunderstood, but the rule is actually simple. All compensatory damages attributable to a physical injury or sickness (e.g., ...

Combined physical damage insurance is a type of auto insurance that covers damage to the policyholder’s vehicle from various ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. The tax treatment of legal settlements and judgments depends on ...

A personal injury claim is a civil claim asking for money to compensate a person for property damages, physical injuries or even emotional injuries caused by someone else. To receive damages for ...