Search found 2 matches

by Carol J
Wed Apr 01, 2009 3:29 pm
Forum: Hard-to-Place Accounts
Topic: Punitive Damages
Replies: 6
Views: 6535

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.
by Carol J
Wed Apr 01, 2009 8:58 am
Forum: Hard-to-Place Accounts
Topic: Punitive Damages
Replies: 6
Views: 6535

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...