This bill enacts provisions relating to punitive damages.
This bill:
- provides that an insurer may not rely on the existence, likelihood, possibility, or exposure to punitive damages when taking actions under Title 31A, Insurance Code;
- provides the circumstances in which a court may award punitive damages against an employer, managing agent, or principal for the conduct of the employer's, managing agent's, or principal's employee or agent;
- provides that the provisions this bill enacts apply only to a claim arising after the effective date of the bill; and
- makes technical changes.

Statutes affected:
Substitute #1: 31A-20-101
Amended 2/23/2026 12:02:261: 31A-20-101
Substitute #2: 31A-20-101
Substitute #3: 31A-20-101
Enrolled: 31A-20-101
Substitute #4: 31A-20-101