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$465,000 Summary Judgment Entered In Subrogation Action
Jul 20, 2014 Coverage
Chris Pickett: After a trucking liability insurer denied coverage for an accident involving our client’s insured, our client honored the insured’s uninsured motorist (“UM”) claim. The UM arbitration resulted in a $500,000 award, which our client later settled for less than the award. In the ensuing subrogation action, we obtained […]
Chris Pickett: After a trucking liability insurer denied coverage for an accident involving our client’s insured, our client honored the insured’s uninsured motorist (“UM”) claim. The UM arbitration resulted in a $500,000 award, which our client later settled for less than the award. In the ensuing subrogation action, we obtained summary judgment by arguing that we did not need to prove the insured’s damages, only that our client’s settlement for less than the arbitration award was made in reasonable anticipation of liability. The trucking liability insurer that had previously denied coverage paid the judgment.