Should punitive damages for personal injury suits be limited by law?

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Should Punitive Damages for Personal Injury Suits be Limited by Law?
Punitive damages are the compensation awarded in monetary terms, where a court an injured party is paid by the defendant. The compensation goes beyond the cost of damages to the plaintiff with the intention to punish the wrongdoer. Exemplary damage is another name that refers to punitive damages. It is an addition to actual damages awarded by the judge, to the plaintiff for the suffering he went through due to damages caused by the defendant. The additional compensation is a way of punishing the defendant, according to the civil lawsuit. The civil lawsuit bases on the theory of the interests of society. However, U.S. business and insurance groups are criticizing the compensation with allegations that it drives up business costs.
"England first recognized punitive damages in 1763, and the American colonies followed almost immediately. By 1850, punitive damages had become a well-established part of civil law." Kircher, John and Christine, 2000. The intention of punitive damages is to punish the defendant for his malicious conduct so that he and other people do not get into such behavior in the future. There is a regard of the wrongdoing that causes damage to the plaintiff as an intentional act, out of oppression, violence, fraud or bad faith of the defendant.
It is an issue of great matter in the society, whether punitive damages for personal injury suits should be limited by law or not. In my opinion, punitive damages should not be limited by law. The award of punitive damages lies in the hands of the judge of the fact. This makes it a way of enforcing law and ensuring no future breach. I believe, punitive damages are ways of compensation with a significant role in societal functions. Retribution, a societal function, enables the sufferer feel the right of expression in the matter of the damage caused by reckless conduct of the defendant. The plaintiff`s right of expression over the damage, allows him participate in the punishment given to intentional wrongdoers. Through this, the society feels considered and involved in lawmaking decisions and policies. This, in other terms, refer to the participatory approach in law enforcement and justice system. This way, people easily adhere to law without necessarily feeling imposition. In fact, the seeking of retribution by the plaintiff over the intentional lawbreaker is much the same as the punishment th...