WEBINAR: Time-Limited, Policy Limits Demand: Critical Issues Facing Insurers When Settling Third-Party Liability Claims
Join Goldberg Segalla partners Brady Yntema and Jeff Matty for an interactive webinar discussing critical issues facing insurers when presented with a time-limited, policy-limits demand to settle third-party liability claims against their insureds.
The discussion of this ever-evolving and difficult-to-navigate issue will involve jurisprudential trends concerning so-called “bad faith failure to settle” claims against insurers arising from their handling of time-limited demands, as well as “bad faith set-ups,” and strategies for protecting insurers’ rights to investigate and control the defense of claims while minimizing the exposure presented by such maneuvers.
Who Should Attend:
- Insurance claims professionals — especially those handling third-party liability claims
- In-house attorneys
You Will Learn:
- How to evaluate whether a policy-limit demand is effective under state statutes or common law
- Evolution of, and differences between, state laws governing such demands
- Strategies for responding to the demand, including when and how to request more information and/or time for evaluation
- Tips for communicating with the insured and personal counsel regarding the demands
- How bona fide coverage issues intersect with such demands
- How to prepare for typical issues arising from the decision to reject a policy-limit demand, including the use of assignments and limited releases