Does Policy Provision Stating the Insurer Will Not Withhold its Consent to Settle Unreasonably Vitiate the Consent to Settlement Requirement?
An interesting question recently came before the Georgia Supreme Court. In Piedmont Office Realty Trust, Inc. v. XL Specialty Ins. Co., 771 S.E.2d 864 (Ga. 2015), the insured Piedmont Office Realty Trust, Inc. (Piedmont) had purchased and maintained two insurance …