An auto insurance policy that includes coverage for both uninsured and underinsured motorists does not require the insurer to pay the policy limits twice, the Virginia Supreme Court ruled. The high court reversed a ruling by a Richmond city judge …
A Massachusetts Appeals Court has ruled in favor of an insurer in a case involving an automobile accident in which the injured plaintiff sought to obtain underinsured motorist (UIM) coverage under a policy held by the mother and stepfather of …
Insureds who settle a claim with the tortfeasor’s liability insurer for less than the stated limit of the policy may not satisfy the exhaustion requirement for recovering UIM benefits (or UM benefits where the policy defines a UM vehicle in …
A teen injured in a car wreck is entitled to underinsured motorist coverage (UIM) under her father’s business auto policy even though the vehicle she was riding in was not a listed vehicle on the policy, according to a decision …