Price v. Continental Insurance

OPINION

LAMB, Vice Chancellor.

I..This is an action to confirm an arbitration award. Because the material facts are undisputed, the parties have filed cross-motions for summary judgment presenting purely legal issues for decision. The first question posed is whether an uninsured and underinsured motorist in*976surance (“UM/UIM”) policy that expressly and unambiguously excludes coverage for punitive damage awards is valid under this state’s law. Previously, the Delaware Supreme Court made clear that, absent a legislative determination to the contrary, this state’s public policy does not prevent…