Chet Kronenberg Speaks at Strafford Publication’s “Resolving Insurers’ and Insureds’ Settlement Dilemma When Policy Limits Are Insufficient: Multiple Insured and Multiple Claims” Webinar
02.23.23
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Litigation Partner Chet Kronenberg participated as one of two panelists in a webinar produced by Strafford Publication titled, “Resolving Insurers’ and Insureds’ Settlement Dilemmas When Policy Limits Are Insufficient: Multiple Insured and Multiple Claims,” on February 21. The webinar included discussion of how an insurer’s duty to settle may be impacted by two difficult but recurring situations: (1) when multiple claimants are competing for insufficient policy limits against an insured, and (2) when claimants from a single occurrence will release fewer than all of multiple insureds sharing the same limit of liability. The panelists reviewed strategies for resolving the claims while avoiding bad faith litigation.
For more information on the webinar or to view the recording, please click here.