MIGA Owed no Coverage for Claim by Insured Beneficiary under high-deductible Policy

The Minnesota Court of Appeals ruled that the state insurance guaranty association is prohibited by statute from covering claims made on a policy with a deductible in excess of $300,000, including claims made by an insured beneficiary who is not the policyholder. Case: Terminal Transport v. Minnesota Insurance Guaranty Association, No. A14-1284, 04/20/2015, published. Facts: Terminal Transport is an over-the-road trucking company located in Roseville. Oxygen Unlimited, a professional employer organization, took care of Terminal's payroll and was its human resources provider. Oxygen...