Mississippi Supreme Court Holds Insured's Failure to Read Policy Does Not Excuse Insured From Clearly Stated Deductible

The Mississippi Supreme Court affirmed summary judgment that an insured is bound by the stated policy deductible, despite the insured’s claim that it was unaware of the policy deductible. Southern Healthcare Services, Inc., et al. v. Lloyd's of London, et al., 2013 WL 628661 (Miss. Feb. 21,...