Supreme Court reverses UIM en banc decision
On November 20, in Blood v. Old Guard Insurance Co., the Supreme Court reversed a Superior Court decision and found that Section 1734 of the MVFRL does not contain a requirement for the insurance company to obtain a new sign down form when the insured changes his/her liability limits.
The Court does still note that there are requirements at the issuance of the policy. Also, even if the statute was read to require a new sign down, the court indicates that the statute does not have a remedy for failing to obtain one like it does when the policy is issued.
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