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Bad Faith Nov2013 Duty to Settle
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Bad Faith Nov2013 Duty to Settle

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Transcript

  • 1. November 1, 2013
  • 2. Jacquelyn Beatty Karr Tuttle Campbell Jim Murray Dickstein Shapiro
  • 3. What does the contract say? What does “the law” say?
  • 4. Is the insured’s consent required? Settling without the insurer’s consent: the insured’s rights under an ROR defense.
  • 5. How does this affect the timing and the obligation?
  • 6.  Duties owed to the insured – first and third party  Duties owed to excess carriers  Duties owed to third party claimant
  • 7.  Is there duty to pay undisputed amount?
  • 8.  What’s the exposure if a duty is breached?
  • 9.         Jacquelyn Beatty, Esq. CPCU ARM CLMP Karr Tuttle Campbell (206) 224-8090 jbeatty@karrtuttle.com James Murray, Esq. Dickstein Shapiro (202) 420-3409 murrayj@dicksteinshapiro.com

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