Carrier Must Pay UIM Offered By Mistake 
By Deborah Elkins
Published: November 19, 2012
Tags: Hopewell Circuit Court, Judge Nathan C. Lee, Negligence, Virginia Circuit Courts
Although plaintiff’s insurance carrier mistakenly offered underinsured motorist coverage policy limits, the carrier nevertheless is bound by its offer of $25,000 UIM policy limits, in addition to the $100,000 liability coverage offered by defendant in the underlying auto accident case, and the Hopewell Circuit Court grants plaintiff’s motion to enforce settlement in this case of [...]
UIM carrier bound by acceptance of mistaken offer
By Deborah Elkins
Published: November 16, 2012
Tags: Hopewell Circuit Court, Insurance, Judge Nathan C. Lee, Personal Injury
An insurance carrier must pay its UIM policy limits even though an auto-accident plaintiff waited nearly two years to formally accept the settlement and the carrier might have avoided liability altogether. For plaintiff William Calvert, who alleged $75,000 in medical bills and lost wages from a 2009 auto accident, the extra $25,000 in underinsured motorist [...]
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