The question of whether multiple uninsured or underinsured motorist (“UM/UIM”) coverages can be combined when a single policy insures more than a single vehicle is of considerable importance to motor vehicle insurers. When intra-policy stacking is allowed, what was intended to be a policy with the UM/UIM limit stated in the declarations…
A statutory amendment that will take effect on July 1, 2010, will impose a new and potentially substantial burden on insurers that provide underinsured motorist (UIM) coverage especially in cases where liability is clear and the damages exceed the limit of the underlying liability coverage. Under the new subsection (l) to Va….
Virginia UIM Insurers Obligated to Assume Cost of Defense – A statutory amendment that will take effect on July 1, 2010, will impose a new and potentially substantial burden on insurers that provide underinsured motorist (UIM) coverage especially in cases where liability is clear and the damages exceed the limit of underlying…
Harman, Claytor, Corrigan and Wellman is pleased to announce that, on April 15, 2010, the Virginia Supreme Court rendered a decision in favor of the firm’s client, the Virginia Municipal Liability Pool, in the case of Simpson v. Virginia Mun. Liab. Pool, ___ Va. ___, ___ S.E.2d ___, 2010 WL 1491414 (Va….