insurance policy limits News

Missouri Statute Update Shields Insurers from Certain Bad Faith Litigation

In Missouri, insurance companies owe a contractual duty to defend civil actions that allege liability of their insureds that is potentially covered under the terms of the subject insurance policy. As part of that duty, the insurer must act in …

Quadriplegic Missionary Gets $26M Settlement in Montana Crash

Insurers for the Southern Baptist Convention have agreed to pay $26 million to a man who was paralyzed and suffered brain damage in a rollover crash during a 2009 missionary trip in Montana, Attorney Anders Blewett said Tuesday. The insurance …