| Q&A of the Week |
Wrongful Eviction and Repossession of Boat
A South Carolina subscriber recently asked the following question:
Our insured is a bank. It had a court order to repossess a boat and the insured hired a repo company which did repossess the boat. The boat was taken without the permission of the owner.
Does this type of action constitute a wrongful eviction or entry under the personal injury definition in the CGL form? Also, since the item is a boat, is the boat considered to be a dwelling or premises as noted in the definition?
ANSWER: If the insured had a court order, the eviction or entry is not wrongful; it is a legally sanctioned action. And a boat is not considered a room, dwelling, or premises that a person occupies unless that person lives on the boat. But even if the boat is the person's dwelling, there is still no wrongful eviction or entry in this instance. Read More |
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| What's New This Week in FC&S |
Personal Articles Form
The personal articles floater is a method used to provide coverage on those particular classes of valuable personal possessions that are most frequently insured on a scheduled, open perils basis. It constitutes a convenient alternative to the use of a number of separate policies, most notably the personal jewelry and fur, fine arts, camera, golfer's equipment, musical instruments, silverware, and stamp and coin collection floaters. Read More |
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| Litigation Watch |
UM Coverage and Requirements for Waiving That Coverage
The named insured brought an action against his auto insurer to recover uninsured motorist (UM) benefits. This case is Boarman v. Grange Indem. Ins. Co., 437 S.W.3d 748 (Ky. App. 2014).
Boarman was involved in an auto accident when another driver ran a red light and crashed into Boarman's Jeep Grand Cherokee. The other driver was uninsured. Boarman filed for UM benefits from his insurer, Grange Indemnity, but the insurer refused to pay any UM benefits on the grounds that Boarman's wife had rejected such coverage in writing. Boarman sued the insurer and the trial court ruled in favor of the insurer. This appeal followed.
The insured argued that the trial court misinterpreted the Kentucky statute by holding that Boarman did not have to personally reject his right to statutory UM benefits; his wife, by rejecting UM coverage for herself, also rejected the UM coverage for Boarman since she was acting as his agent.
The Court of Appeals of Kentucky noted that the statute requiring that UM coverage be included in auto insurance policies in the state had a provision stating that "the named insured shall have the right to reject in writing such coverage." In this instance, Boarman's wife did sign a waiver of UM coverage for herself as the applicant for the auto insurance. However, she did not sign the co-applicant spot for Boarman; that was left unsigned. The insurer argued, and the trial court agreed, that the wife waived her coverage and her husband's coverage with her signature. Read More
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| FC&S Ask the Experts |
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