Duty to settle
id:
duty-to-settle-322-483434
title:
Duty to settle
text:
In law, the duty to settle is an insurer's implied obligation to accept a settlement in a case against one of its insured parties if it is likely that a potential judgement against the insured will exceed policy limits. If a liability insurer exposes the insured to excess risk by failing to settle within policy limits, they may be liable for any damages incurred.
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Duty_to_settle
date created:
date modified:
2024-04-18T06:47:02Z
main entity:
{"identifier":"Q25105723","url":"https://www.wikidata.org/entity/Q25105723"}
image:
fields total:
13
integrity:
13