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Joe purchased auto insurance from Atlas Insurance Company. Joe ran a red light and hit two other cars with multiple passengers, causing severe injuries. The
Joe purchased auto insurance from Atlas Insurance Company. Joe ran a red light and hit two other cars with multiple passengers, causing severe injuries. The claims against Joe are as follows: . Passenger 1 files a bodily injury claim of $50,000. .Passenger 2 files a bodily injury claim of $100,000. Passenger 3 files a bodily injury claim of $150,000 . Passenger 4 files a bodily injury claim of $200,000. . Passenger 5 files a bodily injury claim of $250,000 Passenger 6 files a bodily injury claim of $300,000. In addition, Joe incurs total legal expenses of $50,000 settling all claims. Assume Joe purchased split bodily injury limits of $100,000 per person/$500,000 per accident. How much will Atlas Insurance Company pay in losses and legal expenses
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