BREAKING NEWS: Increase in UIM Policy Limit Considered a ‘Purchase’ Requiring New Stacking Waiver
On February 5, 2018, the federal District Court for the Eastern District of Pennsylvania ruled that an increase in Under Insured Motorist (UIM) benefits is a new purchase of insurance coverage. As such, automobile insurance carriers are required to obtain a new waiver of the stacked benefits under the auto insurance policy. Stacked benefits, in […]