Insurance
Oct. 15, 2002
Insurer's Duty to Accept Reasonable Settlement Often Can Be Overlooked
Focus Column - Insurance Law - By Gregory King - Policyholders often must battle their insurers for benefits owed to them under their policies. These battles often focus on the duty to defend the policyholder against third-party claims or indemnify the policyholder against judgments. However, insurers have another duty that is often overlooked: the duty to accept a reasonable settlement demand.
Insurance Law
By Gregory King
Policyholders often must battle their ins...
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