Considering the complex structure of commercial insurance programs—typically purchased in annual “towers” of insurance—risk managers and in-house counsel often do not pay sufficient attention to arbitration-related...more
A feature of most corporate liability insurance programs is the tower system of coverage: a primary policy with several overlying excess policies stacked atop one another collectively providing coverage up to a desired (or...more
Insurance policies are legal documents. In the event of a dispute, their scope and meaning will be submitted to a court or arbitrator for interpretation. Most brokers are not attorneys. Most risk managers are not attorneys....more
7/2/2020
/ Ambiguous ,
Choice-of-Law ,
Commercial Insurance Policies ,
Denial of Insurance Coverage ,
Four-Corners Rule ,
Insurance Industry ,
Insurance Litigation ,
Insureds ,
Mandatory Arbitration Clauses ,
Notice Requirements ,
Policy Terms ,
Risk Mitigation