Settlement Conflicts in Concurrent Coverage

Resolving Coverage and Allocation Issues Among Multiple Insurers

Recording of a 90-minute CLE webinar with Q&A


Conducted on Tuesday, April 12, 2011

Recorded event now available

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Program Materials

This CLE webinar will provide counsel to insurers and policyholders with a review of coverage and allocation issues that arise when settling claims with multiple insurers. The panel will outline strategies for both sides to resolve disputes arising from concurrent insurance.

Description

For most business insurance coverage and some individual coverage, there is often concurrent coverage for a particular claim. The rules allocating responsibility between and among insurers in cases of overlapping or multiple coverage are often unclear.

Settlement with multiple insurers raises a number of complex issues such as allocation among those insurance policies triggered by a loss, priority of insurance coverage, exhaustion issues and applicability and payment of SIRs and deductibles.

Policyholders must consider coverage-in-place agreements, and a host of other issues that arise when one or more of the insurers starts a declaratory judgment action or arbitration.

Listen as our authoritative panel of insurance attorneys analyzes the coverage and allocation issues that arise during settlement of claims involving multiple insurers, and provides strategies for both insurers and policyholders to resolve settlement disputes arising from concurrent insurance.

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Outline

  1. Allocation issues
  2. Priority of coverage
  3. Exhaustion of policy limits, SIRs and deductibles
  4. Best practices for insurers
  5. Best practices for policyholders

Benefits

The panel will review these and other key questions:

  • What are best practices for resolving allocation issues?
  • How are additional insureds and priority of coverage issues best handled?
  • Are there exhaustion issues if only some carriers are willing to cut a deal?

Following the speaker presentations, you'll have an opportunity to get answers to your specific questions during the interactive Q&A.

Faculty

Daniel J. Struck
Daniel J. Struck

Principal
Much Shelist Denenberg Ament & Rubenstein

He is an experienced litigator who represents corporate and individual policyholders throughout the United States in...  |  Read More

Sherilyn Pastor
Sherilyn Pastor

Partner
McCarter & English

Ms. Pastor is the Practice Leader of the firm’s Insurance Coverage Group. She has secured hundreds of millions of...  |  Read More

Mary Ellen Scalera
Mary Ellen Scalera

Partner
Riker Danzig Scherer Hyland & Perretti

Her more than twenty years of complex litigation experience has had a heavy emphasis in insurance coverage. She has...  |  Read More

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