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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.

        Focus Column
        
        Insurance Law
        
        By Gregory King
        
        Policyholders often must battle their ins...

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