Class Action Litigation Insurance Coverage: Avoiding Exclusions and Denials of Coverage

Strafford Publications

 Share    Add to calendar   print   Print

DATE: Wednesday, March 11, 2020

TIME: 1:00 PM - 2:30 PM

This CLE webinar will provide the class action litigator with a full arsenal to ensure that the client receives coverage from its existing insurance even in the event of a class action. This issue crosses substantive grounds as class actions are everyday occurrences in securities law, employment law, consumer law, and many other substantive areas.

Class action lawsuits--perhaps the most time consuming and expensive of all litigation--are on the rise. Legal budgets rarely include money to handle these matters, so insurance coverage is a necessity. Carriers are not inclined to fund defenses, settlements, or judgment without at least a reservation of rights. Thus, litigation counsel must be prepared to take the necessary steps to lock in and protect coverage.

This area is particularly challenging because each different class action subject matter presents different issues. Securities class action coverage, for example, would seem straightforward, yet, there always seems to be a coverage dispute.

More daunting is the task of applying a CGL policy, which neither mentions nor excludes class actions, to provide coverage. The attorneys "in the trenches" must be conversant in all of these matters. Substantive positions (taken or not taken) could trigger policy exclusions. Even the decision to treat a class dispute as one claim, or many claims, can influence how much coverage exists.

Listen as this panel from the front lines of disputes concerning coverage of class action claims addresses both the legal considerations and the practicalities of being litigation counsel embroiled not only with the opponent but with the insurer as well.

Related People

- Business Interruption Insurance Attorney | Anderson Kill P.C.
Shareholder
New York

Related Practice Areas

Related Events

  • Thursday, September 10, 2020
    Speakers: Robert D. Chesler
    American College of Coverage Counsel | Chicago, IL
  • Tuesday, July 7, 2020
    Speakers: Pamela D. Hans, Nicholas R. Maxwell
    Philadelphia ACC Virtual Contracts & Commercial Law CLE Institute | Philadelphia, PA