Reckless, malicious, or irresponsible conduct should not be rewarded or tolerated. The the politicians in Virginia have capped punitive damages at $350,000. $350,000 may be a suitable cap for damages against a drunk driver who has caused and accident which caused serious personal injury or death. In other situations, a cap of $350,000 is not nearly enough. Consider the situation in the Gulf of Mexico created by BP. PP would glad to be let off the hook for the $350,000 cap created by the Virginia legislature.