CLE: The Insurer's Duty to Settle
Insurance Coverage Attorney Lee S. Siegel will be speaking in an upcoming Strafford live video webinar, "The Insurer's Duty to Settle: Bad Faith and Verdicts in Excess of Policy Limits" scheduled for Tuesday, January 4, 1:00pm-2:30pm EST.
Attempts to settle underlying claims are often the source of disagreement and dispute between the policyholder and its insurer. When an insurer fails to accept a reasonable settlement offered by an injured party, the policyholder is at risk that the ultimate verdict will exceed the policy limits. The insurer faces a separate risk--exposure to bad faith claims and liability for the entire amount of the judgment.
Registration to come.