About this courseThe past months have seen a rise in new insurance coverage and bad faith filings. Notably, a significant number of claims filed at both federal and state courts were dismissed favoring insurers due to the lack of “direct physical loss or damage” to property. In the recent McNamara v. Government Employees Insurance decision, the U.S. Court of Appeals for the Eleventh Circuit reversed the Florida district court’s decision dismissing the bad faith claim. The Eleventh Circuit held that “consent judgment is the ‘functional equivalent of an excess judgment that permits the insured to proceed against the insurer for bad faith.”
As the latest court decisions continue to impact the regulatory landscape, it is critical for claim professionals to stay on top of the latest developments surrounding insurance laws. They must also be proactive in reassessing their policies to avoid bad faith claims and other legal pitfalls.
This course brings the audience to a road beyond the basics of preparing for and defending against bad faith litigation. In this engaging discussion, the speakers will also share fresh insights and strategies for the counsel to boost their chance of winning coverage and bad faith lawsuits.
Field of Study: Finance
This course includes:
schedule1.5 hours on-demand video
signal_cellular_altIntermediate level
task_altNo preparation required
calendar_todayPublished At Oct 28, 2022
workspace_premiumCertificate of completion
calendar_todayUpdated At Dec 30, 2022