figueroaalvaro90 figueroaalvaro90
  • 13-10-2021
  • Business
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In most states insurance companies O a higher standard of care of first party Clemets then they do third party Clemets because

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aneishacooper32
aneishacooper32 aneishacooper32
  • 13-10-2021

Answer:

Most states do not allow the third-party claimant to proceed

against the insurer, once he has been paid the maximum recover-

able on the policy, except as the policyholder's assignee. Some

states, however, have altered this result either by using statutes to

create an assignment where the policyholder has not voluntarily

made one, or by fashioning a direct third-party suit against the insurer.

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