In the midst of a coverage dispute, an insurer will often issue a check to the policyholder for less than the amount the policyholder contends is due. On these occasions, the policyholder will ask, “Should I cash the check?” The policyholder’s legitimate fear is that cashing the check will eliminate Read More
In October 2018, the Kansas Supreme Court ruled that a liability insurer may be estopped (or in plain English, prevented) from denying coverage because of its failure to issue a timely reservation of rights letter, even if the estoppel results in the expansion of coverage beyond the scope provided under Read More
Management liability insurance programs for larger companies (i.e., D&O, E&O, Fiduciary, and Employment Practices) are typically structured in a “tower” form comprising different vertically stacked layers of coverage. The first layer is a deductible or self-insured retention (SIR). The second layer is the “primary policy” that typically will have per Read More