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WEBINAR: How to Handle Multiple Claimants and Insureds with Insufficient Policy Limits

Event

WEBINAR: How to Handle Multiple Claimants and Insureds with Insufficient Policy Limits

Questions arise when an insurer is faced with multiple claimants and insufficient policy limits to settle all claims. Join partners Colleen E. Hayes and Thomas M. Wester for a discussion of the approaches various jurisdictions take in response to this issue, and potential steps insurers can take to avoid claims of bad faith.

Intended Audience:

  • Claims professionals
  • Attorneys

You’ll learn:

  • Common approaches jurisdictions take when there are multiple claimants and/or insureds and insufficient policy limits
  • Potential responses and solutions an insurer can take to limit bad faith exposure when faced with this issue
  • Interpleader as a potential vehicle to tender policy limits to the court, its impact on an insurer’s obligations, and recent court cases that have addressed whether this constitutes bad faith

 

Register here