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Most in-house counsel know in some detail the types of coverage their companies or clients need and various formulae for determining how much coverage to buy. What's all too often not so widely recognized are the types of policy provisions that often spell the difference between coverage and no coverage; the types and degrees of persistence required to get a claim processed and paid in full; and the lengths an insurance company will typically go to wear a policyholder down and force it to accept either half-a-loaf or no bread.
This session will walk in-house counsel through the minefield, detailing key issues of policy language and effective claims handling techniques, including:
• loss valuation
• short-circuiting insurance company delays
• insisting on partial payment when the loss amount is in dispute.
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