Bad Faith in Reinsurance: Remedies for Violation of Duty of Utmost Good Faith, Coverage of Extracontractual Losses
A live 90-minute CLE video webinar with interactive Q&A
This CLE webinar will discuss bad faith claims and other damages in the context of reinsurance contracts. The program will look at two sides of the issue. The panel will address bad faith claims against reinsurers and then review whether reinsurance can or ever does cover extra-contractual liability of the cedant.
Outline
- Overview of reinsurance
- Types of contracts
- Duty of utmost good faith
- Follow the fortunes/follow the settlements
- Bad faith claims against reinsurers
- Reinsurance and payment of extra-contractual damages
Benefits
The panel will review these and other key issues:
- What policy arguments are used to support bad faith against a reinsurer?
- Can a reinsurer assert bad faith against the cedant?
- If bad faith against a reinsurer is not recognized, what options does the cedant have?
Faculty
Robert M. Hall
Attorney
Hall Arbitrations
Mr. Hall is a certified ARIAS-U.S. arbitrator and umpire with extensive experience in the insurance and reinsurance... | Read More
Mr. Hall is a certified ARIAS-U.S. arbitrator and umpire with extensive experience in the insurance and reinsurance industries. Prior to forming his individual arbitration practice, Mr. Hall held senior executive officer positions with several insurance and reinsurance companies; where he obtained extensive business and legal expertise in primary insurance, excess and surplus lines, reinsurance, agents, brokers and intermediaries. As a lawyer, his practice has included a wide variety of commercial and regulatory matters in the insurance and reinsurance field. Mr. Hall has testified before the U.S. House of Representatives and several state legislatures.
CloseRobert K. Scott
Attorney
Law Offices of Robert K. Scott
Mr. Scott specializes in all areas of bad faith insurance litigation and insurance related matters, including... | Read More
Mr. Scott specializes in all areas of bad faith insurance litigation and insurance related matters, including personal injury and wrongful termination.
CloseEarly Discount (through 11/22/24)
Cannot Attend December 19?
Early Discount (through 11/22/24)
You may pre-order a recording to listen at your convenience. Recordings are available 48 hours after the webinar. Strafford will process CLE credit for one person on each recording. All formats include course handouts.