Court: Punitive Coverage Not Required By Miss. Law

JACKSON, Miss. - The Mississippi Supreme Court says insurance companies aren't required by law to cover punitive damage awards in their automobile liability policies, but they can if they want.The Supreme Court said Insurance Commissioner George Dale misinterpreted a previous court decision when he denied requests from two companies to amend their Mississippi automobile insurance policies to exclude liability for punitive damages.Shelter Mutual Insurance Co. and Shelter General Insurance Co. filed the requests in 2002.....

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