The judges of the Third Circuit Court of Appeals ruled that the insured’s waiver of higher UM/UIM limits on a policy still applies after the insurer transfers that policy to its subsidiary. The case is Selective Ins. Co. of Am. v. Novitsky, 796 Fed. Appx. 100 (3rd Cir. 2020). Please note that this case is not a precedential opinion under Third Circuit Internal Operating Procedure Rule 5.7.and is not a binding precedent on the court.

The Policy Transfer