In an action for liability, damages awarded by a Court as a punishment against the defendant.
In an action for liability, damages awarded by a Court as a punishment against the defendant.
An underwriting method of determining the extra rate to be charged for a substandard insured. “Standard” is rated 100. Various impairments are assigned various numerical values. The sum of 100 plus the values of the ratings of the impairments indicates the table to use in determining the rate of the policy.


