Legal Opinion

Aetna Casualty & Surety Co. v. Price

Supreme Court of Virginia

Decided January 17, 1966No. Record 6067PublishedCited by 56 opinions

1Opinion of the CourtCarrico, J.

In this writ of error, we are called upon to decide, for the' first time, the question of the liability of an. insurance company for its refusal to settle a claim against its insured for an amount within the policy limits where a judgment in excess of such limits is thereafter secured against the insured.

The situation before us developed in the following manner:

Dr. Weldon A. Price, a pediatrician practicing in Arlington County, carried a Physicians’, Surgeons’ and Dentists’ Professional Liability Coverage policy with Aetna Casualty and Surety Company, with a $50,000 limit of liability for…

2Cases cited3 opinions

  1. Cowden v. Aetna Casualty & Surety Co.Supreme Court of Pennsylvania · 1957
  2. Radio Taxi Service, Inc. v. Lincoln Mutual Insurance Co.Supreme Court of New Jersey · 1960
  3. Olson v. Union Fire Insurance CompanyNebraska Supreme Court · 1962

3Cited by56 opinions

  1. Toy v. Metropolitan Life InsuranceSupreme Court of Pennsylvania · 2007
  2. Merritt v. Reserve InsuranceCalifornia Court of Appeal · 1973
  3. A & E Supply Company, Inc. v. Nationwide Mutual Fire Insurance Company, a & E Supply Company, Inc. v. Nationwide Mutual Fire Insurance CompanyCourt of Appeals for the Fourth Circuit · 1986
  4. Helmbrecht v. St. Paul InsuranceWisconsin Supreme Court · 1985
  5. Powell v. Chesapeake And Potomac Telephone Company Of VirginiaCourt of Appeals for the Fourth Circuit · 1985

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