American Service Insurance Company v. Iousoupov

Insurer issued commercial auto insurance policy to taxi company for which Defendant was a driver. Defendant driver was injured in collision with underinsured driver, but insurer denied claim, stating that limits of driver's liability insurance policy were greater than limits of insurer's underinsured motorist coverage. Court properly entered summary judgment for insurer, as insurer's election form was not ambiguous, and taxi company had knowingly elected to reject higher coverage limits, and chose minimum limits of UM and UIM coverage. (PALMER and McBRIDE, concurring.)