Has anyone ever dealt with Geico UM case where they insist that a release needs to be signed? Geico extended our client’s policy limits but wants him to sign a release. We offered to sign an acknowledgment of receipt of funds but Geico said without a release signed, they will not issue payment.

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Just modify the language so it only releases the specific claims at issue. This is standard

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Settlement Agreement & Release from Insurers is fairly common in our practice.

A release for settlement with an insurance company is standard practice. Just curious, why wouldn't you want your client to sign a release?

Principle. Because it’s a fulfillment of a contractual obligation, not consideration paid for some new agreement. The first-party carrier hasn’t done anything to warrant being released.

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