Who Should Attend:
All levels of claim professionals – both in-house and independent – who conduct loss investigation and adjustment activities on behalf of first-party property insurance carriers.
What You Will Learn:
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Avoiding potential duplicative exposure caused by failing to name the proper parties on settlement checks
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Insurable interest issues
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Additional interests that may need to be acknowledged on the settlement payment due to mortgages, bankruptcy, trusts, spousal issues, death of the insured, attorney’s lien, public adjuster contract, post loss assignment
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Settlement agreement provisions that may help avoid potential duplicative exposure
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The use of interpleader actions when agreement cannot be reached as to who are the correct payees