Search found 2 matches
- Wed Apr 01, 2009 3:29 pm
- Forum: Hard-to-Place Accounts
- Topic: Punitive Damages
- Replies: 6
- Views: 6973
Re: Punitive Damages
Thank you - do you know of a specific broker I could approach for this? It will have to be monoline. The primary policy is already in place and silent on the punitive, so it will respond where allowed.
- Wed Apr 01, 2009 8:58 am
- Forum: Hard-to-Place Accounts
- Topic: Punitive Damages
- Replies: 6
- Views: 6973
Punitive Damages
Does anyone know of a Punitive Damage indemnification whereby an insurer will reimburse for punitive damages paid by the insured? The primary policy is silent on punitive so it will respond where allowed by State Law, however, I thought that there were some off shore indemnification contracts that w...