Bradford v. Kelly

The standard -automobile liability insurance policy provides that the insurer may, in its discretion, -settle any claim, against the insured for which it would be liable under the terns of. the policy. When exercised in good faith these provisions are valid and ■binding on .the insured. G.S. 20-279.21(1') (3); Alford v. Insurance Co., 248 N.C. 224, 103 S.E. 2d 8; Lumber Co. v. Insurance Co., 173 N.C. 269, 91 S.E. 946. However, it is now settled law in this State that the exercise of this privilege by the insurer will not bar the right of the insured, or anyone covered by his policy, to sue…