Bad Faith Claims When Verdicts Exceed Policy Limits: Nuances of the Insurance Company's Duty to Settle
Reducing Company Exposure; Options for Policyholders When Company Rejects Settlement Demand
A live 90-minute CLE video webinar with interactive Q&A
This CLE webinar will provide counsel with a review of the rights and obligations of the policyholder and the insurance company regarding settlements and the company's liability for verdicts in excess of policy limits. The panel will also explain actions insurance companies can take to reduce exposure to bad faith claims and options for the policyholder if the company rejects a settlement demand.
- The scope of an insurance company's duty to defend and duty to settle
- Insurance company's risk of claims for bad faith litigation
- Policyholder remedies when the insurance company breaches its duty to settle
- Best practices for insurance companies to reduce exposure to bad faith litigation, including identifying the bad faith set up
- Options for policyholders when the insurance company does not want to settle
The panel will review these and other key issues:
- What is the scope of an insurance company's duty to defend and duty to settle?
- What are the factors for insurance companies when deciding whether to settle within the policy limits?
- What factors do courts typically consider in deciding whether a particular settlement demand is reasonable?
- What steps can insurance companies take to reduce exposure to bad faith litigation?
- What options are available to policyholders who disagree with the insurance company's decision not to settle within the policy limits?
Johanna W. Clark
Ms. Clark defends companies in both state and federal courts in class actions, insurance bad faith litigation,... | Read More
Ms. Clark defends companies in both state and federal courts in class actions, insurance bad faith litigation, insurance coverage disputes, malicious prosecution litigation, ERISA disability litigation, product liability litigation, general commercial litigation, and administrative housing discrimination claims. She has authored and presented on insurance bad faith claims.Close
Robert M. Horkovich
Mr. Horkovich focuses his practice on the area of insurance recovery. He has obtained over $5 billion in... | Read More
Mr. Horkovich focuses his practice on the area of insurance recovery. He has obtained over $5 billion in settlements and judgments from insurance companies for his clients over the past decade. He is a trial lawyer with substantial experience in trying complex insurance coverage actions on behalf of corporate policyholders and governmental entities.Close
Jason B. Lissy
Mr. Lissy's practice focuses on insurance coverage, exclusively on behalf of policyholders, and other commercial... | Read More
Mr. Lissy's practice focuses on insurance coverage, exclusively on behalf of policyholders, and other commercial litigation in state and federal courts, arbitrations, and mediations.Close
Buy Live Webinar
Early Discount (through 01/08/21)
Buy Live Webinar & Recording
Includes special savings of $250 (through 01/08/21)
Live Webinar & Download
Live Webinar & DVD
$344 + $24.45 S&H