The issue of exhaustion of policy limits tends to perplex even the savviest of attorneys and adjusters. Fortunately, the Fourth District Court of Appeal recently issued an important opinion that greatly clarifies the issue.
In Northwoods Sports Medicine & Physical Rehabilitation v. State Farm Mutual Insurance, the Fourth District held that even after a medical provider files a lawsuit, an insurer can exhaust policy limits, provided that it does so in good faith.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]