How to Investigate Malpractice Insurance Risk - Personal Liability, Errors and Omissions 2013

Topics

• Coverage issues include control over the defense and settlement of claims; insurers` obligation to advance defense costs and attempts to avoid doing so; and the scope of "bad acts" exclusions
• Key policy language issues include "severability" of coverage for insured not implicated in wrongdoing; integrating professional liability coverage with other policies that commonly have professional liability exclusions, including Directors and Officers (D&O) liability or general liability policies
• Settlement issues include satisfying the insurers’ desire for information and right to "participate" in a settlement, as well as whether settling with the primary insurance company can arguably endanger excess coverage

Who should Attend

• Professionals in private practice or working within a large organization
• Corporate counsel
• Risk Officers
• Financial Officers
• Operational Risk Managers
• Internal Auditors
• Staff with responsibilities and roles in operational risk in businesses, risk management and central departments