A proper umbrella policy would have covered these losses.
Description of Event:

The son of a car dealership's principal owner was driving a dealership car when he struck a man driving a motorcycle. The motorcycle driver sustained multiple fractures and serious internal injuries as a result of the collision.

Resolution:

The claim was valued at $3 million.

Description of Event:

A junior partner on her way to a client meeting in a company-owned vehicle was involved in an accident while talking on a handheld cell phone. She struck a pedestrian in a crosswalk, causing severe bodily injuries.

Resolution:

The law firm was found liable for the $1.5 million.

Description of Event:

An employee on her way to conduct a site survey crossed a median and struck an oncoming vehicle causing multiple fatalities. The real estate firm was sued by the estates of the deceased.

Resolution:

The real estate firm was found liable for $1 million.