There is a newer version of the Code of Virginia
2014 Virginia Code
Title 38.2 - Insurance
§ 38.2-227. Public policy regarding punitive damages
VA Code § 38.2-227 (2014) What's This?
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.
1983, c. 353, ยง 38.1-42.2; 1986, c. 562.
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