Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 2 of 2
Full-Text Articles in Insurance Law
Limitless Horizons Of Limited Policies Of Insurance, Harry H. Lipsig
Limitless Horizons Of Limited Policies Of Insurance, Harry H. Lipsig
Cleveland State Law Review
Limited policies have limitless horizons due to the selfishness of insurers. Why should insurers accept settlement offers that are close to the policy limits? After all, in most instances the insurers have nothing to lose except the insureds' money. Gambling with insureds' funds has led many to suggest that insurers be absolutely liable for all excess judgments subsequent to a rejection of settlement.
Set-Off Under Uninsured Motorist's Coverage, Leon M. Plevin
Set-Off Under Uninsured Motorist's Coverage, Leon M. Plevin
Cleveland State Law Review
The limits of liability under uninsured motorist coverage are fixed either by policy provisions or by statute. ... These various indemnity provisions were created so as to effectively limit any payments made by the insurance carrier under the uninsured motorist endorsement in combination with any other sources of indemnification to the maximum limit of the uninsured motorist coverage. The intent of the insurance underwriter is to limit its payment under the uninsured motorist coverage to the minimum amount where the insured is indemnified or partially indemnified from more than one source. The scope of this paper will specifically be concerned …