Maximize Settlement Opportunities by Maximizing Insurance Coverage
Wondering how to settle construction litigation in the midst of an economic downturn that has emptied your contractor clients' pockets?
Check out How Can Insulation Contractors Maximize Insurance Coverage over at Scott Godes' excellent Corporate Insurance Blog.
If I had to live my commercial litigation career all over again, I would start by making sure I understood everything I possibly could about the potential for insurance coverage, particularly when reading the terms of coverage makes me believe there is none.
When "sudden" can mean "gradual" all bets on attorneys understanding the ordinary meaning of policy language are off, right Scott? As Scott's post notes, his recent presentation, Insurance_Coverage_Issues_for_Asbestos_Non-Products, discusses the potential for multiple policy limits of insurance coverage to apply to asbestos claims.
Comments (1)
Read through and enter the discussion by using the form at the endScott Godes - March 22, 2009 8:14 PM
Vickie, thanks for mentioning my post about premises/operations (non-products) coverage for insulation contractors. You are right that this type of insurance is often a misunderstood resource, and in an economic downturn, it's critical to for companies to understand the scope of all of their assets.