Boyd v. Nationwide Mutual Insurance

EAGLES, Judge.

I

Nationwide first contends that the trial court erred by holding that its business auto policy provided coverage for punitive damages. We disagree.

This issue is controlled by Collins and Aikman Corp. v. The Hartford Accident & Indemnity Co., 106 N.C. App. 357, 416 S.E.2d 591 (1992). In Collins, the insurance contract in issue provided:

The company will pay on behalf of the insured ultimate net loss in excess of the total applicable limit ... of underlying insurance . . . because of bodily injury, personal injury, property damage or advertising injury to which this insurance…