CODE OF VIRGINIA

PUBLIC POLICY REGARDING PUNITIVE DAMAGES (§ 38.2-227)

It is not against the public policy of the Commonwealth for any person to
purchase insurance providing coverage for punitive damages arising out of the
death or injury of any person as the result of negligence, including willful and
wanton negligence, but excluding intentional acts. This section declares
existing policy.

HISTORY: 1983, c. 353, § 38.1-42.2; 1986, c. 562.