Ross v. Farmers Insurance Group of Companies

The question that has been certified for our consideration is as follows: “When does a cause of action for underinsured motorist coverage accrue so as to determine the law applicable to such a claim?” In the cases that are presently before us, the Montgomery County Court of Appeals held that Ross’s and Davis’s (hereinafter collectively “appellants”) rights to underinsured motorist coverage did not accrue until appellants had exhausted the tortfeasors’ available liability coverage. Because this condition precedent, i.e., settlement with the tortfeasor, occurred after the effective date of…