Judge: Payment Of Policy Limits Does Not Constitute Breach Of Contract
Mealey's (October 18, 2016, 3:41 PM EDT) -- PORTLAND, Ore. — An insurer did not breach its contract with its insurer because the insurer timely paid the insured policy limit benefits on an uninsured motorist (UM) claim after a bench trial verdict found in favor of the insured, a federal judge in Oregon ruled Oct. 14 in granting the insurer’s motion for summary judgment (Peggy Foraker v. USAA Casualty Insurance Co., No. 14-0087, D. Ore.; 2016 U.S. Dist. LEXIS 142511).
(Opinion available. Document #07-161024-015Z.)
Peggy Foraker purchased an automobile insurance policy from USAA Casualty...