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The Missouri Capitol. Missouri legislators recently amended laws pertaining to "065 agreements." Photo by Paul Sableman.

On June 29th, 2021, Missouri Governor Mike Parson signed into law SS HB 345, which will go into effect on August 28th. The law amends Missouri’s unique statutory law, predominantly viewed as favoring policy holders and plaintiffs’ attorneys seeking garnishments and third-party actions against insurance companies.  

Continue reading Missouri’s “065 Agreement” Statute Amended Again

Insurers: don't issue claimants a blank check by opting out of defending your insured. Rasmussen Dickey Moore has extensive insurance law experience that can help you make the right decisions and lead you to the best outcomes.

On January 12th, 2021, the Missouri Court of Appeals affirmed a trial court ruling against Liberty Insurance Corporation, finding it liable for the $7.5 million remaining balance of a wrongful death judgment. The case provides important lessons for insurers on how to avoid being bound to substantial judgments against their insureds, even where viable policy exclusions exist.

Continue reading Could Coverage Denials Give Plaintiffs a Blank Check?