Contact: Hugh Strawn
Date: September 2, 2015
"Concurrent Investigations - Investigating Coverage and Liability" Webinar
September 10, 2015
11:00 a.m. Central Time
A new PLRB webinar series, "Casualty Claim Challenges," begins on September 10 with "Concurrent Investigations - Investigating Coverage and Liability."
It is universally recognized that an insurer has a duty to fully investigate the facts surrounding a claim made against its Insured and then to make a decision on claim payment. That is a straightforward process when the only issue concerns the insured's liability and/or the claimant's damages.
Likewise, the process can be fairly simple if the decision is make early on that there is no possibility of coverage for the claim.
What happens when the claim involves both liability/damage issues as well as coverage issues?
The insurer's duty to investigate still applies. But such a concurrent investigation poses some significant challenges. If not properly navigated, an insurer can some unfortunate consequences.
"Concurrent Investigations - Investigating Coverage and Liability" is presented by Bryan M. Weiss, J. D., Murchison & Cumming, San Francisco, California.
Participants will learn:
• the general principles behind an insurer's duty to investigate;
• the duties and roles of both the insured and the insurer in the investigation process;
• how those duties and roles differ when it comes to the concurrent claim;
• use of practices such as "splitting the file;" and
• bad faith implications.
This webinar is available exclusively to employees of PLRB member insurance companies, as well as affiliate members.
No adjuster CE is available for this webinar.
To register for the webinar, click here.
The Property & Liability Resource Bureau is a not-for-profit association of property and casualty insurance companies. It is located in Downers Grove, Illinois.