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Home / Top Legal News / Guaranty Association Act requires recovery set off against total damages (access required)

Guaranty Association Act requires recovery set off against total damages (access required)

  Where the estate of a man killed in a trucking crash settled the case for $800,000, nearly half that amount—recovered from others involved in the incident—is to be set off against the full amount of the settlement rather than against the guaranty’s $300,000 cap, the state Supreme Court has ruled. In Buchanan v. South Carolina ...

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