California, United States of America
The following excerpt is from Cothron v. Interinsurance Exchange, 103 Cal.App.3d 853, 163 Cal.Rptr. 240 (Cal. App. 1980):
4 Prior to January 1971, Insurance Code section 11580.2, subdivision (g)(2), then existing, declared the amounts payable under the medical coverage to be deductible from the "loss payable" under the terms of the uninsured motorist coverage. (Fisher v. State Farm Mut. Auto. Ins. Co. (1966) 243 Cal.App.2d 749, 751, 52 Cal.Rptr. 721.) The "loss" referred to was not synonymous with the liability of the third party to the insured; it referred to the coverage of the policy. (Ibid.) The section was amended under 11580.2, subdivision (e), and the applicable portion is set forth in footnote 2 of this decision.
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