Part of risk management is managing the enterprise’s insurance coverage, submitting claims and getting claims paid. Insurance companies often avoid paying claims. You will learn: what the insurance companies’ obligations are with respect to claims adjusting; how to manage the process and maximize your recovery; insurer duties and the insured’s obligations; what to do when you get denials or reservation of rights letters; how the tri-party relationship of insurer, defense counsel and insured works; whether you can get in-house attorneys’ fees paid; and some creative ways to settle claims with insurers.
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The information in any resource collected in this virtual library should not be construed as legal advice or legal opinion on specific facts and should not be considered representative of the views of its authors, its sponsors, and/or ACC. These resources are not intended as a definitive statement on the subject addressed. Rather, they are intended to serve as a tool providing practical advice and references for the busy in-house practitioner and other readers.