Progressive American Insurance v. Vasquez

EAGLES, Chief Judge.

Aetna’s Anneal

I

We first consider whether the trial court erred in holding that the excess umbrella policy provides underinsured motorist coverage in addition to the underinsured motorist coverage already provided by the underlying business auto policy. Aetna argues that the umbrella policy does not expressly provide for UIM coverage and that UIM coverage, therefore, can only exist in the umbrella policy if it is read into the policy through G.S. 20-279.21, the Financial Responsibility Act (“the FRA”). Aetna contends that the FRA allows a maximum of $1,000,000.00 in UIM…