Consent to Settle Clause Enforced
Settling without the insurer's consent really can forfeit coverage. See the recent case from New York's highest court, Vigilant Ins. Co. v. Bear Stearns Cos., 10 NY3d 170 NY Mar. 13, 2008).
Settling without the insurer's consent really can forfeit coverage. See the recent case from New York's highest court, Vigilant Ins. Co. v. Bear Stearns Cos., 10 NY3d 170 NY Mar. 13, 2008).