Insurers should carefully review and respond to time-limited settlement demands because they risk liability for excess judgments against their insureds if they do not. Third-party plaintiffs may make time-limited settlement...more
When the cost of materials and labor skyrocketed during the pandemic, some people may have speculated that the cost of paying out insurance claims would climb substantially as well, resulting in losses to the insurance...more
COVID-19 has introduced a number of complexities into everyone’s daily lives, including significantly complicating the claims process for many insurers. Under social distancing restrictions and precautions, many insurers have...more
Property and casualty insurers are integrating drones and other means of virtual claims handling as part of their routine property inspections. But, in litigation, virtual claims handling is unfairly getting a bad rap from...more