[Webinar] The Time-Limited, Policy-Limit Demand: A Legal and Practical Approach

February 28th, 12:00 pm - 1:00 pm EST
Goldberg Segalla
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Goldberg Segalla

February 28th, 2024
12:00 PM - 1:00 PM EST

Join Goldberg Segalla partners Christian A. Cavallo and Dustin C. Blumenthal for an interactive webinar discussing practical and legal considerations for insurers presented with a time-limited demand that they pay their policy limits (or some portion thereof) to settle third-party liability claims against the insured. This timely topic will include discussions of legal trends involving so-called “bad faith failure to settle” claims against insurers arising from their handling of time-limited demands as well as strategies for minimizing the exposure presented by such claims.

Who Should Attend:

  • Insurance claims professionals, especially those handling third-party liability claims
  • In-house attorneys

You’ll Learn:

  • How to evaluate whether a policy-limit demand is effective under state statutes or common law, including discussions of newly enacted state laws in California and Florida governing such demands
  • Strategies for responding to the demand, including situations in which to request more information and/or more time, and communications with the insured and personal counsel regarding the demands
  • Common legal issues arising from an insurer’s decision not to pay a policy-limit demand, including the use of assignments and limited releases

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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