¶ The plaintiff-respondent was injured as the result of a motor vehicle accident which occurred on August 23, 1974. On that date, plaintiff had an insurance policy in effect with the defendant-appellant Merchants Mutual Insurance Company which, inter alia, provided for no-fault first-party benefits totaling $50,000, as well as additional coverage with the defendant for extended economic loss under the additional injury protection indorsement. ¶ In October...
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