Wednesday, June 24, 2009

Virginia UM

In a case decided in June 2009 that is sure to send reverberations down to the trucking insurance company sector, the Virginia Supreme Court decided to stack UM limits for 3 vehicles on a policy and award a plaintiff $850,000. They cited ambiguity in the UM policy form language. Look for most insurance carriers to refile their UM forms in VA

No comments:

Post a Comment