Taxable Cost Award Capped by Policy Limits According to Minnesota Supreme Court

Under Minn. Stat. §604.18, insureds are entitled to recover taxable costs when an insurance company unreasonably denies insurance benefits. The statute provides a remedy of one-half of the “proceeds awarded” that are in excess of an amount offered by the …
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Taxable Cost Award Capped by Policy Limits According to Minnesota Supreme Court was originally posted by ClaimsMate.com Insurance Information Resources