Insurance counsel faces challenging issues when insureds and their carriers disagree over who should pay a claim and the payment order among the applicable insurance policies.
Resolving insurance coverage disputes hinges on understanding the relationship between primary and excess insurers and when coverage from the excess insurance policy is triggered with multiple parties, contracts and layers of insurance.
In addition, unique challenges are present when the primary insurer settles a claim for less than the policy limits. Tapping the excess policies in these situations requires counsel to focus on the language of the policies and involves resolving myriad legal issues.
Listen as our authoritative panel of insurance attorneys discusses principles of vertical and horizontal insurance coverage, principles related to triggering excess policies, and ways to resolve issues with the excess carrier when the primary carrier settles for less than the policy limits.
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