Stephen Pate and Alycen Moss, of Cozen O'Connor's Global Insurance department, will present a webinar titled, Everything You Need to Know About Valued Policy Laws but Were Afraid to Ask. Insurance claims professionals are familiar with and have an understanding of the Valued Policy Laws, the statute that requires insurance companies to pay the insured the full value of a policy in the event of a total loss. However, many insurance claim professionals want and need to know more about these laws.
During this webinar the presenters will review and discuss:
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The nuts and bolts of Valued Policy Laws,
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The 18 states that have Valued Policy Laws,
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The variations and reasonings behind the laws,
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What constitutes a Total Loss, and
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The recent controversies regarding concurrent and proximate causation and perils covered.