Eric and Charles were visiting Puerto Rico and fully stopped at a traffic light when their car was hit from behind by a truck.
While liability was not difficult to prove, this case had a twist. The insurance company for the trucking company had gone bankrupt under a particular provision of Puerto Rico law. When this happens, there is a Puerto Rico governmental entity called the Puerto Rico Guarantee Association of Miscellaneous Insurance (the “Fund”) that steps in to defend the claim up to a certain limit.
After two years of litigation and dealing with the substitution of Fund for the original insurance company, a settlement was reached for Eric and Charles. So even when the insurance picture looks bleak for recovery, our firm was able to persevere and achieve a settlement.
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