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Multiple Insureds With Insufficient Limits - The Law, Considerations and Recommendations

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American College of Coverage Counsel
September 24, 2021
Location: 

Intercontinental Chicago
505 N. Michigan Avenue
Chicago, IL 60611

Date & Time:

Friday, September 24, 2021
9:45 - 10:30 a.m. in King Arthur Court

Session Information:

Imagine an accident causing damages far in excess of the applicable insurance limit, where multiple insureds are exposed to the liability, and a claimant offers to release sone - but not all insureds - in exchange for the payment of the policy limit. How should the insurer respond? Surprisingly, most jurisdictions have no clear guidance on the question. Worse, the rules in those jurisdictions have not addresses the issue conflict. This program will address those rules, the policies underpinning them, and recommendations for handling the situation in jurisdictions that have yet to settle on an approach. 

Session Speakers:

Meghan C. Moore, Shareholder, Flaster Greenberg PC
Patrick Kenny
Garth Gersten
Sara Thorpe

For more information, or to register, click here

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