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5TH CIRCUIT SAYS NO SUCH THING AS AN UNDERINSURED VEHICLE WHEN IT COMES TO DIMINUTION IN VALUE PROPERTY CLAIMS IN MISSISSIPPI: Watkins v. Allstate Prop. & Cas. Ins. Co., 2024 WL 135458 (5th Cir. 2024)

A recent 5th Circuit Court of Appeals decision interpreting Mississippi insurance law has ruled that an automobile insurance carrier can exclude diminished value claims from its underinsured motorist coverage. In Watkins v. Allstate Property & Casualty Insurance Company, Kimberly Jones…

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