How did you find out policy limits were $1mm for liability? That would be unusual, but Missouri may be radically different than Texas. Again, I doubt a homosexual hooker (speculation on my part) in Missouri with a 2014 Hyundai had $1mm. The insurance carrier did not lose the arbitration, the insured did. What happened with the declaratory judgment? Is the insurance Carrier’s liability increased beyond policy limits via arbitration?
Without the totally idiotic arbiter decision in this case, common sense has gone out of the window. In part, that is the carrier’s fault, but the award is ludicrous.
Without the totally idiotic arbiter decision in this case, common sense has gone out of the window. In part, that is the carrier’s fault, but the award is ludicrous.