July 15, 2013

Recent Rhode Island Supreme Court Decision Voids Provisions that Deprived Policyholder of Uninsured and Underinsured Coverage

On July 2, 2013, the Rhode Island Supreme Court handed down a decision addressing the issue of uninsured and underinsured coverage (UM/UIM). Rhode Island, like many states, has a UM/UIM statute which “requires insurance carriers to provide protection for those claimants who voluntarily contract with licensed carriers for liability coverage as against uninsured operators.” Basically,…