Georgia Appellate Court Holds Insurer Waived Its Right to Pursue Recovery of Uncovered Amounts of a Settlement Due to Insufficient Reservation of Rights

A Georgia appellate court has held that an insurer waived its right to pursue recovery of the uncovered amount of a settlement against its insured because the insurer did not expressly reserve its right to do so. Facility Investments, LP v. Homeland Ins. Co. of New York, 741 S.E.2d 228 (Ga. App....