Wisconsin Supreme Court Upholds $500,000 Settlement in Bike Accident

April 14, 2008

The Wisconsin Supreme Court says an insurance company has to pay $500,000 to a man severely injured in a bike accident.

The court has upheld a settlement between Acuity and G. Vaughn Stone.

Stone had insurance through Acuity when he was hit by a van while riding his bike. He suffered multiple fractures and a collapsed lung. His injuries required several surgeries and lengthy rehabilitation.

Stone and Acuity disagreed over the level of coverage he was entitled to under his policy. They reached an agreement in which the company would pay $500,000 if courts determined Stone had that much coverage.

Stone had already received $510,000 from the van driver and her insurer.

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