Law360, New York (May 11, 2012, 5:23 PM ET) -- The terms of an insurance policy cannot shorten Arkansas' five-year statute of limitations for bringing breach of contract actions, the Eighth Circuit ruled Friday in a published decision that a plaintiff's attorney hailed as a major win for consumers.
A three-judge panel backed a strict reading of Section 23-79-202 of the Arkansas Code, which allows a plaintiff to bring a contract claim, including one under a property or life insurance policy, "at any time within the period prescribed by law for bringing actions on promises in...
Ark. Statute Trumps Insurance Claim Window, 8th Circ. Says
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