Highway Ins. Underwriters v. Lufkin-Beaumont Motor Coaches, Inc.

This action was brought by appellee, the named Insured in a public liability policy issued by appellant, against the appellant to recover the amount of a judgment which had been rendered against appellee in an action for damages for personal injuries by one Riley Alexander. We refer to appellee hereafter as Insured and to appellant, as Insurer. The present action was occasioned by Insurer's refusal to accept Alexander's offers to compromise and settle his action against Insured for a sum within the limits of the policy held by Insured, as will hereinafter more fully appear. After Alexander's…