Plaintiff-respondent concededly failed to commence an action against the insurer within the contracted two-year limitation period. Plaintiff's counsel argues that the insurer's adjuster told him that "I could take my time" submitting detailed estimates of plaintiff's claim. This conversation, denied by defendant's adjuster, allegedly took place in March of 1984. Under the contract, suit had to be initiated by August 25, 1984. Defendant had previously offered to settle the...
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