All Sums v. Pro Rata: Allocating Damages in Insurance Claims
Indemnification Strategies in Continuing Property Damage and Personal Injury Claims
Recording of a 90-minute CLE webinar/teleconference with Q&A
Conducted on Tuesday, September 29, 2009
Recorded event now available
This seminar will discuss the new Massachusetts supreme court ruling that adopts pro-rata allocation of liability for covered continuous injury claims in light of a recent California decision that permitted stacking of policy limits. The panel will outline best practices for counsel to policyholders and insurers.
Description
Policyholders and insurers alike should fully review two recent significant court decisions to understand how liability may be allocated by the courts: Massachusetts' Boston Gas Co. v. Century Indemnity Co. and California's State of California v. Continental Insurance Co.
In July 2009, the Massachusetts Supreme Judicial Court gave a major victory to insurers. The court adopted a pro rata time-on-the-risk allocation for long-term loss. The decision impacts insurers and policyholders facing claims for progressive injury that might have started years ago.
This decision is contrary to a landmark California appeals court ruling earlier this year (also called the Stringfellow litigation) that a policyholder facing long-term property damage or personal injury claims may stack liability policy limits across policy periods to maximize recovery.
Listen as our authoritative panel of insurance law attorneys examines methods of liability allocation, the Massachusetts and California rulings, and the implications of the decisions nationwide. The panel will offer best practices for addressing indemnity issues in long-term injury claims litigation.
Outline
- Allocation of liability
- All sums rule
- Pro rata/Time on the risk allocation
- Anti-stacking clauses
- Loss mitigation
- Annualization
- Allocation in defense cases—how are defense costs shared
- Court treatment
- Boston Gas Co. v. Century Indemnity Co.
- State of California v. Continental Insurance Co.
- Implications of the rulings
- Court treatment in other jurisdictions
- Best practices for addressing indemnity issues in long-term injury claims litigation
Benefits
The panel will review these and other key questions:
- What is the impact of these decisions for Massachusetts insurance litigants? For insurers and policyholders outside Massachusetts?
- How does the Massachusetts pro rata allocation decision compare with California's decision that permitted stacking of liability policy limits across policy periods?
- What steps can policyholders and insurers take to recover damages or defend coverage under policies when facing long-term property damage or personal injury claims?
Faculty
Laura A. Foggan,
Partner
Wiley Rein, Washington, D.C.
She co-chairs the firm’s Appellate Practice and is a member of the Insurance Practice. She advises and represents insurers in commercial insurance work and insurance-related litigation. She also represents insurers in arbitration and mediation settings, provides testimony before state legislatures, and has contributed to the development of key insurance law precedents.
Robert M. Horkovich,
Shareholder
Anderson Kill & Olick, New York
He has substantial experience in trying complex insurance coverage actions for corporate policyholders. The Chambers Guide calls him the 'go-to person' in the area of insurance recovery. He served as Counsel in the State of California v. Continental Ins. Co. (2009) matter. He has also been engaged on several significant projects by the United Nations as its General Insurance Counsel.
Ordering
Online CLE - Audio Recording
Includes audio streaming of full program plus handouts (available 24 hours after live seminar).
CLE:
Pre-approved for participatory or non-traditional/alternate format credit in: CA, HI*, NY*, WV*.
Pre-approved for self-study credit in: AK, AZ, MO, MT, OR*, TX, VT, WA.
Upon request, also available in: CO, CT*, FL, GA, ID, KY, LA*, ME, NC, ND, NE, NH, NM, NV, SC, TN, UT, WI, WY. If you are applying for credit in one of these states, make sure to select those states when placing your order.
(*Indicates that Strafford must report attendance.)
Online CLE Audio $149.00
Available 24 hours after the live event
Recorded Event
Includes full event recording plus handouts (available after live seminar).
CLE: Pre-approved for self-study credit in: AK, AZ, CA, CT, HI, MO, MT, NY, OR, TX, VT, WA, WV. Upon request, self-study credit is also available in: CO, FL, GA, ID, KY, ME, ND, NE, NH, NM, NV, UT, WI, WY. If you are applying for self-study credit in one of these states, contact Strafford CLE at 1-800-926-7926 ext. 35 or CLE@straffordpub.com.
Webinar Download (Audio + Slide Presentation) $49.00
Available three business days after the live event
Webinar on DVD (audio + slide presentation) $49.00
plus $9.45 S&H
Available ten business days after the live event
MP3 Download (Audio Only) $49.00
Available 24 hours after the live event
Teleconference on CD (audio only) $49.00
plus $9.45 S&H
Available ten business days after the live event
Webinar/Teleconference
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CLE Credit
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Customer Reviews
This seminar covered a lot of territory in a short period of time. It also assumed that the attendees had a significant level of experience coming into the program, which I did.
Louis C. Long
Pietragallo
I enjoyed the speaker's helpful insights for insurance practitioners and I particularly liked their 'best practice' tips.
Daina Bray
Phelps Dunbar LLP
The speaker's use of practical examples and not just talking about legal concepts, was very good.
Jeffrey Kaplan
Gaglione, Dolan & Kaplan
The back-and-forth between the panelists made the program easy to listen to. The slides were very well done.
Chris Kelly
Mayer Brown
The seminar was convenient and affordable.
Keita Middleton
Insurance Law Advisory Board
Partner
Farella Braun + Martel
Partner
Nelson Levine deLuca & Horst
Counsel
Reed Smith
Partner
Chamberlin, Keaster & Brockman
Counsel
Carter Ledyard & Milburn
Partner
Clyde & Co.
Partner
Barger & Wolen
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