A powerful tool available to plaintiffs lawyers in litigation is a well-executed and timely policy limits demand or time limit demand to a defendant’s insurer. If the policy limits demand is accepted by the insurer, the plaintiff has settled the case for the maximum that can be recovered from the defendant. If the insurer rejects a policy limits demand, it could lead, under certain circumstances, to a recovery in excess of the policy limits.
November 30, 2018 Feature
Policy Limits Demands and Time Limit Demands Duty to Settle
By Gary L. Gassman and Jonathan R. Walton
Premium Content For:
- Tort Trial and Insurance Practice Section