Horizontal vs. Vertical Exhaustion of Insurance: Priority of Coverage and Settlement for Less Than Policy Limits
Recording of a 90-minute CLE webinar with Q&A
This CLE webinar will provide insurance counsel with a review of key issues in horizontal and vertical insurance, the interrelationship between liability of the primary carrier and the excess insurer, and best practices to resolve priority of coverage disputes.
- Overview of horizontal and vertical insurance coverage in the additional insured context
- Priority of coverage between primary carrier and excess insurer and triggering excess insurance
- Dichotomy of views among states and recent case law
- Strategies for resolving issues when the primary carrier settles for less than the policy limits
The panel will review these and other key issues:
- When additional insured coverage involves both primary and excess policies, what are the best strategies for resolving vertical vs. horizontal exhaustion?
- How can counsel resolve issues that arise between the excess carrier and primary carrier when the primary carrier settles for less than the policy limits?
- What are the diverse rules for tapping excess insurance for continuous injury claims and how should counsel best reconcile these rules?
K. Alexandra Byrd
Saxe Doernberger & Vita
Ms. Byrd focuses her practice on complex policyholder insurance litigation, with a particular interest in cyber risk... | Read More
Ms. Byrd focuses her practice on complex policyholder insurance litigation, with a particular interest in cyber risk and privacy law. She has experience risk transfer coverage, CGL, cyber risk and privacy, builder’s risk, first-party property damage, additional insured, and business interruption claims, among others.Close
Celia B. Waters
Saxe Doernberger & Vita
Exclusively representing policyholders, Ms. Waters focuses her practice on complex insurance litigation matters with a... | Read More
Exclusively representing policyholders, Ms. Waters focuses her practice on complex insurance litigation matters with a special focus on power, oil and energy. Since joining the firm, she has dedicated her time to a number of complex builder’s risk insurance coverage disputes on large construction projects and central utility plants across the country. Ms. Waters has also worked on professional liability coverage disputes associated with design-build projects relating to propane dehydrogenation and hydrocracking plants located in the Middle East.Close