Bill > H909

This bill proposes to amend Massachusetts General Laws Chapter 176D, which deals with insurance. Specifically, it would add a new section that prevents insurance contracts from being interpreted as covering punitive, exemplary, or multiple damages unless those types of damages are explicitly stated within the contract itself. Punitive, exemplary, and multiple damages are types of financial awards that go beyond compensating for actual losses, often intended to punish wrongful behavior or deter future misconduct. This change would give insurance providers and self-insured organizations more control over what types of damages they are obligated to cover, requiring a clear contractual agreement for these additional damages.