Gold & Gold, P.A. partner Keith Pierro secured an $11 million settlement in a tragic case involving a 7-year-old boy struck and killed by a truck driver while jogging with his father. The legal team worked to identify applicable insurance policies covering the motor vehicle accident and navigated the Graves Amendment, which the truck's corporate owner and insurers initially used as a defense shield.
The resolution involved two insurance carriers tendering their policy limits: one carrier provided $1 million and the other provided $10 million. Coverage counsel Steve Marino of Ver Ploeg & Marino assisted in the effort. The case reached full resolution in approximately six months, achieving what the clients requested: "swift justice" without prolonged litigation.
The parents, who experienced significant grief, sought accountability rather than years of court proceedings. The legal team's strategic approach successfully persuaded both insurers to provide their maximum available coverage.
For more details, see the full article published by the Daily Business Review.
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