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Reevaluating the Insurability of Punitive Damages Awards

Too often, policyholders and their counsel accept on faith that their insurance does not cover punitive damages as a matter of public policy. In many jurisdictions, however, there is coverage for all punitive damages, while others allow coverage of punitive damages under certain circumstances.

33 minute read March 29, 2013 at 09:04 AM
By
Amanda M. Leffler And Gabrielle T. Kelly
Reevaluating the Insurability of Punitive Damages Awards

Too often, policyholders and their counsel accept on faith that their insurance does not cover punitive damages as a matter of public policy. In many jurisdictions, however, there is coverage for all punitive damages, while others allow coverage of punitive damages under certain circumstances.

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