Exhaustion of Underlying Insurance by Payment of Judgments or Settlements

Location

Webinar


Date & Time

Start Date: 03/19/2015
Start Time: 11:30 a.m. ET
End Time: 12:30 p.m. ET

 

Michael Handler and Jonathan Toren of the Global Insurance Department will present a webinar which will provide all levels of claims professionals, who handle third-party claims on behalf of excess insurers, the fundamentals for handling Excess Casualty Claims.

Who Should Attend:
All levels of claims professionals — both in-house and independent — who handle third-party claims on behalf of excess insurers.

What You Will Learn:

  • An overview of case law analyzing “below limits” or “limits shaving” settlements and whether such settlements can satisfy an excess policy’s exhaustion requirement.
  • How subtle variations in the excess or umbrella policy’s language can impact the scope of the exhaustion requirement
  • Some of the odd or arguably artificial ways in which exhaustion is attempted, and how courts have dealt with these scenarios.
  • Strategies for excess insurers based on actual and hypothetical scenarios.



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Attorneys

Jonathan Toren

Co-Chair, Casualty & Specialty Lines Coverage

jtoren@cozen.com

(206) 224-1260

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