Articles & Publications

U/M Carrier Can Offset an Insured’s Settlement Proceeds

Lisa Dawn Green et. al. v. Vicki Renee Johnson, et al. Docket No. E2006-02666-SC-R11-CV 2008 WL 657685

The Supreme Court of Tennessee recently held that an uninsured motorist carrier may reduce amounts owed under the uninsured motorist provision by the amounts of settlement proceeds the insured receives from a non-motorist defendant. Further, the Court held that when the insured’s settlement proceeds from a non-motorist defendant are equal to or greater than the uninsured motorists carrier’s limit of liability under the policy, then the uninsured motorist carrier would have no remaining liability.