United States:
Defending Billion-Dollar Claims: Nine Best Practices For 10-Figure Losses
05 August 2021
Wilson Elser Moskowitz Edelman & Dicker LLP
To print this article, all you need is to be registered or login on Mondaq.com.
Stratton Horres (Partner-Dallas, TX) and Karen Bashor
(Partner-Las Vegas, NV) co-authored "Defending Billion-Dollar
Claims: Nine Best Practices for 10-Figure Losses" for the
August 2021 issue of CLM Magazine. They discuss how
insurers and defense litigators should prepare for catastrophic
events such as shootings, wildfires, building collapses and other
mass casualty events in a practical manner. Stratton and Karen
advise building a defined crisis team by engaging experienced
counsel and working with local, state and national authorities to
investigate the incident, as well as establishing a defined defense
strategy plan and executing it consistently. Stratton and Karen
also emphasize that messaging is key, even when the settlement is
finalized: "In the aftermath, be ready for anything and be
prepared for everything."
Read the article.
Originally published by CLM Magazine .
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Insurance from United States
D&O Insurance Myths (Part 2) (Video)
Lowenstein Sandler
Last month we discussed the importance of Directors and Officers (D&O) insurance and set the record straight on some common misconceptions about it.
Faulty Workmanship Coverage Update
Plunkett & Cooney
The Washington Supreme Court affirmed the Washington Court of Appeals ruling that coverage for repairs to the Gardens Condominium's roof components was available under the resulting loss exception to the insurance policy's faulty workmanship exclusion.
Priority Of Coverage: Debunking "Other Insurance" Myths
Lowenstein Sandler
Today on "Don't Take No For An Answer," host Lynda A. Bennett is joined by Alexander B. Corson for a discussion about priority of coverage, or who pays what when there are numerous claims, parties, and policies at play.