Join Goldberg Segalla partners Christian A. Cavallo and Dustin C. Blumenthal for an interactive webinar discussing practical and legal considerations for insurers presented with a time-limited demand that they pay their policy limits (or some portion thereof) to settle third-party liability claims against the insured. This timely topic will include discussions of legal trends involving so-called “bad faith failure to settle” claims against insurers arising from their handling of time-limited demands as well as strategies for minimizing the exposure presented by such claims.
Who Should Attend:
- Insurance claims professionals, especially those handling third-party liability claims
- In-house attorneys
- How to evaluate whether a policy-limit demand is effective under state statutes or common law, including discussions of newly enacted state laws in California and Florida governing such demands
- Strategies for responding to the demand, including situations in which to request more information and/or more time, and communications with the insured and personal counsel regarding the demands
- Common legal issues arising from an insurer’s decision not to pay a policy-limit demand, including the use of assignments and limited releases