Minnesota Supreme Court Rules in Case Involving Damages Exceeding Policy Limit

December 18, 2012

The Minnesota Supreme Court handed down an opinion in the Mattson Ridge v. Clear Rock Title case, which dealt with the question of whether and when an insured could obtain consequential damages in excess of the policy limits when there was a breach of contract for the improper denial of a claim. Read on for details.

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SoftPro, based in Raleigh, NC, offers a mature suite of products, designed specifically for the closing and title industry. Our mission is to serve our client base, with best-in-class products and services. Our products are modular so we don't force you to buy anything you don't need. You can always add on as your business grows. Unlike other software companies, we view the sale as the beginning of the relationship rather than the end. North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.