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Liquor Liability in AZ
Posted: Thu Oct 26, 2006 8:54 am
by jaybird
Has anyone heard of any companies that will provide punitive damages coverage ?
Liquor Liab - Punitive cover
Posted: Fri Oct 27, 2006 11:10 am
by doyourhomework
Does the policy form specifically exclude Punitive Damages?
Does AZ permit insuring Punitive Damages?
Insuring Against Punitive Damages
Posted: Fri Oct 27, 2006 11:12 am
by Risky Biz
You'd better make sure you are legally allowed to insure against punitive damages in your state --- It is illegal in Ohio for example. There are offshore (Bermuda) companies who will write coverage for punies but the suit has to be filed in a state that allows you to insure against them and the premiums are close to six figures depending upon your exposure.