Murchison & Cumming LLP

Insurance Roundtable

March 26, 2013

Who's On First? How Deductibles and SIRs Affect Allocation and Priority of Coverage

Determining when an insurer must participate in the defense and indemnity depends on whether the insured has retained limits in its insurance program, and what type of retention. This presentation will address how trigger of coverage and allocation of defense and indemnity costs are affected by those retentions, when multiple retentions must be paid by the insured before the carrier must respond, and when the insured’s obligation to pay a retention is excused.

This and the other Insurance Roundtables are intended to be interactive and participatory roundtables, on topics of interest to the Insurance Industry, led by the partners of the firm's Insurance Law practice group: Jean M. Lawler, Bryan M. Weiss, Valarie H. Jonas, John H. Podesta and Michael J. Nunez. Please feel free to contact Ms. Lawler or Mr. Weiss if you have any questions or would like to arrange for a private educational program for your company.

Participation by webinar, phone and in-person is offered.

Click here for details on the complete 2013 Insurance Roundtable Series.

For More Information, Contact:

Arleen S. Milian
Director of Client Relations
amilian@murchisonlaw.com

 

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