Tag: Prescription
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Insurance & Casualty Litigation
6 Things to Know About UM Coverage in Louisiana
- October 31, 2013
- By Brent Carriere
Punitive damages Excluding punitive damages from UM coverage does not conflict with the purpose of the UM statute and should be given full effect. Fortier v. Hamblin, 610 So.2d 897 (La. App. 1st Cir. 1992). Judicial interest Once a lawsuit is filed, the claim necessarily increases to take into account accrued interest. Therefore, the amount […]
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Insurance & Casualty Litigation
Third-Party Claims: Unconditional Tenders Versus Offers Of Settlement
- February 22, 2013
- By Brent Carriere
Requirements for Third-Party Claims Insurance companies should remember that under La. R.S. 22:1892, an insurer is only required to make an “unconditional” tender/payment to an insured, not to a third-party claimant. The only duty imposed on insurers by La. R.S. 22:1892 with regard to third-party claims is to make a “written offer to settle” any […]