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Home / Opinion Digests / Insurance – Mistaken Settlement – Indemnity – UM/UIM Claim (access required)

Insurance – Mistaken Settlement – Indemnity – UM/UIM Claim (access required)

A business auto liability carrier for a trucking company, that misinterpreted the law governing the validity of the company’s rejection of higher UM/UIM policy limits and consequently paid a $500,000 settlement to an injured trucking company employee, cannot collect from a local insurance agency and the carrier’s general agent under indemnity provisions of the parties’ ...

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