In Progressive Northwest Insurance Co. v. Lautenschlager, 488 P.3d 509 (Idaho 2021), the Idaho Supreme Court considered whether a “combined single limit” automobile policy satisfied the State’s Financial Responsibility Act. The Court noted that the insurer’s maximum...
Month: December 2021
Escape Clauses Within A Garage Policy Held To Be Void Under New Jersey Law
In Higgins v. Aguilar, 246 N.J. 75, 248 A.3d 1213 (N.J. 2021), Federal Insurance Company insured a car dealership with $1 million of liability coverage for the dealership vehicles. The Federal policy purportedly extended liability coverage to customers using dealer...
Taxes and Associated Fees In Acquiring A Replacement Vehicle Are Not Required To Be Calculated As The Automobile’s ACV When Dealing With A Physical Damage Claim
The 6th Circuit Court of Appeals recently held in Wilkerson v. American Family Insurance Co., 997 F.3d 666 (6th Cir. 2021) that ACV meant market value in a standard automobile policy and that market value did not include the taxes and fees that the insured needed to...
Step Down For Crime
The South Carolina Supreme Court recently considered an automobile policy stepdown clause in relationship to criminal misconduct. In Nationwide Mutual Fire Insurance Co. v. Walls, 433 S.C. 206, 858 S.E.2d 150 (S.C. 2021) an automobile accident occurred as a result of...