If you intend to make a claim under your underinsured motorist coverage, you should do so sooner than later. Based on the facts you have relayed, you should contact an attorney immediately get guidance, at a minimum, and probably representation on the claim. Ideally, notice of the claim would occur prior to settlement of the liability case. In addition, the UIM insurer should be given notice of the proposed settlement before it occurs to give that insurer the opportunity to protects its...
Without more facts, it would be very difficult to put a value on the "settlement" that Boeing's counsel is proposing. I would need to know the issues and details, the proof, and the exact procedural posture of your case (ie. at the adminiistrative level, or at the Board of Ind. Ins. Appeals). Please keep in mind that any "settlement" will be proposed solely on the employer's terms. Boeing will not enter a settlement that is not in its interest. You, too, have many significant rights and...