(Download) "Allstate Insurance Company v. Richard" by Supreme Court Of Utah * Book PDF Kindle ePub Free

July 06, 2021

eBook details

Title: Allstate Insurance Company v. Richard
Author : Supreme Court Of Utah
Release Date : January 03, 1980
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 57 KB

Description

STEWART, Justice: Plaintiff, Allstate Insurance Company, brought this action to recover no-fault insurance benefits paid to its insured, the defendant, following a settlement between the defendant and the insurance carrier of a third-party tortfeasor. In January 1976 defendant, a passenger in a vehicle insured by Allstate, was injured in an automobile accident. Pursuant to his claim, Allstate paid defendant $2,000 in no fault medical benefits. Subsequently, defendant filed suit against the tortfeasor, who was insured by State Farm Mutual Insurance Company. Defendant entered into a settlement agreement with State Farm. On Settlement of that suit defendant executed a release, and State Farm agreed to pay a settlement amount of $10,000. Two thousand dollars of this amount was made payable jointly to defendant and Allstate. Defendant refused to deliver the draft, and Allstate initiated this action.