Following a rear-end collision, a pair of Atlanta attorneys offered to settle their client's injury complaint for a $100,000 policy limit, but the defendant's insurer declined.
"With negotiations concluded, Allstate ultimately paid $500,000, which was $400,000 more than what the company was contractually required to pay," said plaintiff counsel.
While insurers should be open to utilizing new technology, they should also be cognizant of the unexpected exposures it can create for customers and their businesses.
The Rhode Island Supreme Court vacated and remanded a lower court's ruling, determining a property owner had properly demanded an appraisal within the time limit provided in his policy with Allstate.